2 - 411 MCARTHUR AVENUE, Ottawa

$199,900

For sale: Other

Other at 2 - 411 MCARTHUR AVENUE, Ottawa
Property type
Sale Of Business
MLS®
MLS® X14133022
Neighbourhood
3404 - Vanier

FULLY EQUIPPED TURNKEY RESTAURANT - BRING YOUR OWN CONCEPT! Excellent opportunity to acquire a fully equipped, clean, recently renovated restaurant in a convenient Ottawa location! Situated at the corner of McArthur Avenue and rue de l'Église, this restaurant offers an exceptional opportunity for an entrepreneur looking to launch their own restaurant concept without the substantial upfront investment of starting from scratch. The owners invested significantly in equipping the premises, with equipment purchased new just a few years ago. The versatile setup is ideal for a wide variety of cuisines, takeout, delivery, catering, or a combination of services. Whether you're planning to introduce your own brand, expand an existing food business, or establish a catering operation, the possibilities are numerous. Ample customer parking at the rear adds convenience, while the existing restaurant layout and equipment provide a valuable head start. Bring your vision and make this space your own! Sale of business assets and leasehold interest only; real estate not included.

Sold data

Homes in Vanier — recent sold market

Homes in Vanier took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 61, across 39 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.

The median sale price was $450,000.

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 23% of sellers reduced their price before finding a buyer.

Median days to sell
40
Median sale price
$450,000
Sale-to-list ratio
97.5%
Sold above asking
13%

Based on 39 recorded sales in the last 90 days — 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 2 - 411 MCARTHUR AVENUE