7 - 1950 MERIVALE ROAD, Ottawa

$99,000

For sale: Other

Other at 7 - 1950 MERIVALE ROAD, Ottawa
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® X13787556
Neighbourhood
7502 - Merivale Industrial Park

A rare opportunity to take over a well-established and highly reputable business with 14 years of proven operation! Built on a strong foundation of loyal repeat clientele and exceptional customer service, the business has earned an impressive Google rating and a strong reputation in the community.Ideally situated in a well-established residential area, with the Nepean Sportsplex and other amenities nearby, the location offers excellent visibility, accessibility, and a strong surrounding customer base. Dedicated parking directly in front of the unit adds tremendous convenience for clients.The functional layout features multiple private rooms, each with its own sink, providing flexibility for a variety of services. The unit also offers a full bathroom and a separate accessible bathroom, making the space highly practical and ready for continued operation.The real opportunity is the untapped growth potential. A new owner could expand the existing service offerings by introducing manicure, pedicure, and other complementary beauty services, creating additional revenue streams without the need for a major renovation or relocation.Established clientele. Proven track record. Outstanding online reputation. Prime location. Dedicated parking. Multiple private service rooms. Significant room to grow.A fantastic opportunity for an owner-operator or an experienced entrepreneur looking to acquire an established business and take it to the next level.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.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 AvenueelementaryFraser rating 8.5/10
  • Agincourt RoadelementaryFraser rating 8.4/10
  • First AvenueelementaryFraser rating 8.4/10
  • NepeansecondaryFraser rating 8.3/10
  • ElmdaleelementaryFraser rating 8.2/10
  • Jean-Robert GauthierelementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 7 - 1950 MERIVALE ROAD