250 BANK STREET, Ottawa

$85,000

For sale: Other

Other at 250 BANK STREET, Ottawa
Property type
Sale Of Business
MLS®
MLS® X13496212
Neighbourhood
4102 - Ottawa Centre

An exceptional opportunity to own a fully equipped, turnkey café in the heart of Ottawa's vibrant Centretown district. Beautifully designed with a warm, inviting atmosphere, this established café has built a loyal customer base and strong community presence, making it an ideal opportunity for an owner-operator, entrepreneur, or investor.Currently operating as Haus of Chaa, the space is renowned for its signature Karak Chai, handcrafted beverages, and menu inspired by South Asian and Middle Eastern flavours. Buyers have the flexibility to continue with the existing concept or introduce their own café or beverage-focused business.The thoughtfully designed interior features imported décor, comfortable seating, and a private lower-level lounge ideal for events, meetings, or additional guest space. The sale includes a comprehensive package of commercial equipment and furnishings, including a Sanremo Zoe commercial espresso machine, coffee grinder, refrigeration units, display refrigerator, blenders, crepe and waffle makers, panini press, induction stoves, air fryer, tables, seating, countertops, cookware, dishware, decorative fixtures, and more. The café is fully operational and ready for a seamless transition, with training and transition support available. Please note that no hood fan is currently installed, making the space best suited for beverage-focused concepts and light food preparation. 48 months of lease is remaining with a rent of $3000 + HST. Rare opportunity to acquire a beautifully curated, move-in-ready business in one of Ottawa's most desirable downtown locations.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.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 250 BANK STREET