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1563 BANK Street, Ottawa, ON, K1H 7Z3

MLS® # 1418243
Commercial For Sale In Billings Bridge - Alta Vista, Ottawa, Ontario
$90,000
1563 Bank Street, Ottawa, ON
1563 Bank Street, Ottawa, ON
1563 Bank Street, Ottawa, ON
1563 Bank Street, Ottawa, ON
1563 Bank Street, Ottawa, ON
1563 Bank Street, Ottawa, ON
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ACTIVE
1563 BANK Street, Ottawa, ON, K1H 7Z3
$90,000

Property Information:

Take out restaurant for sublease located on Bank Street with high pedestrian and vehicle traffic. Public transit stop a few steps from the front door. Ample parking (36) with good signage. Business currently operates a take out only, room to improve sales with longer business hours. No retail cannabis, smoke shop, barber shop or shawarma permitted. Current lease expires August 31, 2027 with an option to renew for a further five (5) years. Landlord must approve sub-tenant.

Property Features:

  • Fee Includes:
  • Lot Depth: 48.46 Metre
  • Lot Frontage: 41.15 Metre
  • Zoning: TM-1

Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 1563 BANK Street, Ottawa, ON, K1H 7Z3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 1563 BANK Street , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 1563 BANK Street , experiences 11 significant 2-day storms per year, with about 319.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 408.5mm of precipitation per year.

Precipitation Per Storm

Past
319.2mm
2050
408.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1563 BANK Street, Ottawa, ON, K1H 7Z3

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$127,880.34

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.45 %

High school certificate or equivalent

20.7 %

Apprenticeship trade certificate/diploma

3.84 %

College/non-university certificate

19.22 %

University certificate (below bachelor)

4.39 %

University Degree

39.4 %

Commuter

Travel To Work

By Car

74.85 %

By Public Transit

7.98 %

By Walking

7.26 %

By Bicycle

1.46 %

By Other Methods

8.45 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

57.46 %

Houses

42.54 %

Own Vs. Rent

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