50 BYWARD MARKET SQUARE, Ottawa

$299,990

For sale: Other

Other at 50 BYWARD MARKET SQUARE, Ottawa
Property type
Sale Of Business
MLS®
MLS® X13727384
Neighbourhood
4001 - Lower Town/Byward Market

Prime Turnkey Restaurant Business in the Heart of Ottawa's ByWard Market! An exceptional opportunity to acquire a well-positioned restaurant business at 50 Byward Market Square, located in one of Ottawa's most vibrant and sought-after commercial destinations. Situated just off George Street, this high-visibility location benefits from the energy and foot traffic of the ByWard Market, surrounded by restaurants, retail, entertainment, tourism, residential and office uses. This turnkey restaurant opportunity is ideal for an entrepreneur, experienced restaurateur or investor looking to establish or expand a food-service operation in a premier downtown location. The space is thoughtfully equipped for restaurant use and features a functional commercial kitchen, substantial cooking and preparation equipment, refrigeration, stainless-steel work areas, storage areas and basement space. The sale includes chattels, providing a valuable opportunity for a purchaser to step into an operational restaurant environment with significantly less initial setup required. The inviting dining area accommodates approximately 10 seats, while the existing layout offers an efficient configuration for both dine-in and takeout service. This is a rare opportunity to acquire a restaurant business in the iconic ByWard Market district. Do not miss the opportunity to bring your vision to one of Ottawa's most recognizable commercial destinations!

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.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 50 BYWARD MARKET SQUARE