14 MARIER AVENUE, Ottawa

$1,800,000

For sale: Other

Other at 14 MARIER AVENUE, Ottawa
Property type
Commercial Retail
MLS®
MLS® X12349278
Neighbourhood
3402 - Vanier

Landmark mixed-use building (restaurant and apartments) for sale in Beechwood Village! Perfect opportunity for a restaurant/business owner to own and occupy their place of business while living in or collecting rental income from two apartments (1 bedroom & 1 bedroom+den) on the second floor. Servicing Ottawa's Rockcliffe Park, Manor Park, Lindenlea, New Edinburgh, and Vanier neighborhoods and steps from hundreds of newly constructed and planned residential units along Beechwood Avenue which will continue adding to the growing customer base in the area, where limited options exist for business owners looking to own their space. Diligently maintained property comes with complete restaurant fixtures and is licensed for 57 indoor seats, plus the option for an additional 58 seats on the second storey outdoor patio. Walk-in freezer and ample storage space in basement.

Sold data

Other homes in Ottawa — recent sold market

Other homes in Ottawa took a median of 28 days to sell over the last 730 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 58, across 45 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.

The median sale price was $799,000.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$799,000
Sale-to-list ratio
97.5%
Sold above asking
13%

Based on 45 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 14 MARIER AVENUE