228 Albert St, Ottawa Centre

$249,999

For sale: Other

Other at 228 Albert St, Ottawa Centre
Property type
Sale Of Business
MLS®
MLS® X13411544
Neighbourhood
4101 - Ottawa Centre

Step into the world of business ownership and be your own boss with this remarkable opportunity: your very own fully fixtured & equipped, fully operational, and highly profitable restaurant. Nestled in a prime location in downtown Ottawa, with continuous retail traffic, this turn-key establishment boasts a loyal clientele base, excellent reviews, and everything you need to hit the ground running. Why start from scratch when you can seize this chance at a fraction of the cost? Say goodbye to the headaches of renovations and costly equipment purchases - it's all set up and ready for you. With its blend of affordability and potential return on investment, this venture promises a bright future as a restaurant owner. Don't hesitate. Schedule your private viewing and step into the world of entrepreneurship. Please refrain from approaching business staff or customers during operating hours. Visits are available by appointment only through listing brokerage office.

Sold data

Other homes in Ottawa Centre — recent sold market

Other homes in Ottawa Centre 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.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 Centre

Ottawa Centre 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 Centre

  • Hopewell Avenue — elementary, OttawaFraser rating 8.5/10
  • Agincourt Road — elementary, OttawaFraser rating 8.4/10
  • First Avenue — elementary, OttawaFraser rating 8.4/10
  • Nepean — secondary, OttawaFraser rating 8.3/10
  • Elmdale — elementary, OttawaFraser rating 8.2/10
  • Jean-Robert Gauthier — elementary, OttawaFraser rating 8.2/10

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

Currently for sale

Homes for sale near 228 Albert St