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

Homes in Ottawa — recent sold market

Homes in Ottawa took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 2,349 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.

The median sale price was $644,900.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$644,900
Sale-to-list ratio
97.9%
Sold above asking
10%

Based on 2,349 recorded sales in the last 90 days. 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 7 - 1950 MERIVALE ROAD