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Investment signal

$1,800,000

8715 BANK STREET

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Beds

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Baths

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Sqft

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Year

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Type

Retail

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Excellent investment opportunity in Rural Ottawa. This rare -acre Village Mixed-Use (VM) zoned property offers 165 feet of prime Bank Street frontage with a highly desirable rectangular configuration, delivering outstanding visibility and access.The property consists of two separate buildings. The commercial building is fully leased with three established tenants (including a C-store with LCBO/BEER STORE operation) and offers potential for a fourth unit, providing strong and stable income. The detached 3-bedroom residential home is consistently tenanted and features a separate entrance to a finished basement, adding further income flexibility. An ideal acquisition for investors seeking reliable cash flow and potential for future development. (id:65958)

Subtype: Retail
Community: 1604 - Vernon
Living area: 0
Lot size: 0.5 acres
Lot dimensions: 0.5
On market: Jan 16, 2026
Status changed: Apr 24, 2026
Annual tax: $5,946 (2025)
Zoning: VM
Photos: 6
MLS#: X12701800
Area: OTTAWA

Features and systems

Heating

Forced airNatural gas

Cooling

Fully air conditioned

Negative cash flow ~$1,901/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.34%

Cap rate

3.60%

GRM

16.7

Break-even rent

$11,001

Financing

Down payment$360,000

Loan amount$1,440,000

Mortgage$7,296/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$825

Insurance$80

Maintenance$1,500

CapEx reserve$750

Vacancy loss$450

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $7,296/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.