400 RIDEAU STREET, Ottawa

$329,000

For sale: Other

Other at 400 RIDEAU STREET, Ottawa
Property type
Sale Of Business
MLS®
MLS® X13796010
Neighbourhood
4001 - Lower Town/Byward Market

Turnkey Fat Bastard Burrito Franchise For Sale One Of The Top Mexican Food Franchises For Sale In Ottawa Downtown. This Well-Established Store Is Situated In Prestigious Location Steps from University of Ottawa (40,000+ students) And Proximity To Government Offices, Rideau LRT Station, Rideau Centre (Ottawa's largest mall). Surrounded By High Rise Building, Residential Neighbourhoods, Offices, And Retail, Ensuring Great Visibility And High Foot Traffic. It Offers Consistent Sales, Is Easy To Operate With Full Franchise Support, And Is Ideal For Owner-Operators, Looking For A Profitable And Reputable Brand Opportunity. Unbeatable Location Key Highlights: Prime Location: A Popular Spot For Mexican Cuisine. Strong Financial Performance: Weekly Sales: Approx. $11,000 $12,000 (And Growing) Rent: Approx. $7204/Month (TMI Included) Lease: Current Lease Long Term Till 2034 Royalty Fee: 8%Advertising Fee: 2% Store Area: Approx. 1300 Sq. Ft. Full Training Will Be Provided To The New Buyer. Don't Miss This Opportunity!

Sold data

Homes in Lower Town Byward Market — recent sold market

Homes in Lower Town Byward Market took a median of 49 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 73, across 59 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 111 days.

The median sale price was $424,900.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
49
Median sale price
$424,900
Sale-to-list ratio
96.3%
Sold above asking
7%

Based on 59 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 400 RIDEAU STREET