386 RICHMOND ROAD, Ottawa

$545,000

For sale: Other

Other at 386 RICHMOND ROAD, Ottawa
Property type
Sale Of Business
MLS®
MLS® X14150074
Neighbourhood
5104 - McKellar/Highland

Turnkey Mary Brown's Chicken Franchise For Sale - Prime Ottawa Location. **Excellent Westboro Village Location!** Strategically Situated Along Richmond Road In One Of Ottawa's Most Desirable And Established Neighbourhoods. Well-Established, Great Exposure, Famous, And Successful Business Model With Over 300+ Locations Across Canada. This Location Offers Unmatched Exposure And A Steady Stream Of Both Local And Tourist Foot Traffic. Positioned In A Vibrant, High-Density Area With Strong Daytime And Evening Customer Flow. Key Highlights:Prime Location: A Popular Spot Known For Its Signature Fried Chicken, Taters (Seasoned Potato Wedges), And Coleslaw.Financial Performance: Annual Sales: Gross Sales More Than $900k Rent: Approx. $11,118/Month Including TMI Long Lease: Existing Till 2033+ 5 + 5 year Royalty Fee: 5% Advertising Fee: 4% Store Area: Approx. 2,432 Sq. Ft.Don't Miss This Rare Opportunity To Own A Profitable And Growing Franchise In A Thriving Location!

Sold data

Homes in Mckellar Highland — recent sold market

Homes in Mckellar Highland took a median of 14 days to sell over the last 365 days, with the quickest quarter selling within 5 days and the slowest quarter taking more than 33, across 50 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 24 days.

The median sale price was $1,312,000.

Homes sold for about 2.3% below asking on average, so there was room to negotiate.

About 30% of sales closed above the list price.

Around 2% of sellers reduced their price before finding a buyer.

Median days to sell
14
Median sale price
$1,312,000
Sale-to-list ratio
97.7%
Sold above asking
30%

Based on 50 recorded sales in the last 1 year — 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 386 RICHMOND ROAD