$150,000
For sale: Other

Business Asset Sale Only of a fully equipped restaurant in Ottawa's Centretown neighbourhood. Property, business/corporation, trade name, goodwill and inventory not included. Excellent opportunity to start a new business or expand an existing one in this central location! Surrounded by many apartments, offices and other retail businesses. Existing lease in place. Approx. 900 square foot main floor and 900 square foot basement. Current Rent $4,300 per month including property tax and building insurance, utilities paid separately. Buyer subject to Landlord approval.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.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 $799,900.
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 22% of sellers reduced their price before finding a buyer.
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
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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