399 Bank Street
399 Bank Street
$1,675,000
$429/sq ft· Bldg avg $696/sq ft · 2 days on market
About This Listing
A rare investment opportunity in a prime location, a mixed-use property featuring an established restaurant (triple NET lease) on the ground floor and six residential apartments upstairs (tenants pay individual heat and hydro, water is included), offering immediate, reliable rental income. With a strong tenant mix and the stability of a proven business below, this is a turnkey opportunity for investors or owner-operators seeking long-term value in a prime urban location.
| Monthly Mortgage (P&I) | $7,298 |
| Property Tax (MLS) | $2,215 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $9,513 |
Down payment: $335,000 (20.0%) · Mortgage: $1,340,000
Property tax uses MLS annual tax of $26,578/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
James House Condos
Red Bricks Databy Urban Capital Property Group, Taggart Group · 10 James Street
Maint. Fees
0.51
Parking
$60,000
Locker
$10,000
Occupancy
2024
Listing provided by ACERTA REALTY INC.
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Data last updated: August 23, 2026 at 12:25 p.m.