$199,900
For sale: Other

Prime Downtown Ottawa Turnkey Restaurant Opportunity (Rideau St.)Secure a high-foot-traffic, 1,200 sq. ft. location in the heart of downtown Ottawa on Rideau Street, offering a fully-equipped pizza production facility through an asset and lease sale (brand name and real estate not included). This space features a comprehensive inventory of premium equipment-including XLT ovens, Norbec walk-in coolers, and custom stainless steel prep stations-all supported by a fire suppression system fully updated in January 2026 to meet City of Ottawa guidelines. At a competitive monthly rent of $4,500 (including base rent and TMI), this is an ideal "plug-and-play" setup for an operator looking to launch their own brand in a high-density delivery and walk-in zone. Financials are available upon request for qualified buyers; for all inquiries and to schedule a viewing, please contact Dinesh Katuru at 343-777-2829. DO NOT APPROACH EMPLOYEES WITH ANY QUERIES.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.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 $799,000.
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.
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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