858 MERIVALE ROAD, Ottawa

$349,000

For sale: Other

Other at 858 MERIVALE ROAD, Ottawa
Property type
Sale Of Business
MLS®
MLS® X13750094
Neighbourhood
5301 - Carlington

Exceptional opportunity to acquire a large, well-established (over 30 years!) bar and restaurant in a high-traffic, highly visible location on Merivale Road. This spacious venue features a full-service bar, ample dining and seating areas, and a versatile layout ideal for dine-in service, nightlife, private events, and live entertainment. Situated in a vibrant commercial corridor surrounded by retail, offices, and dense residential neighbourhoods, the location benefits from strong daily traffic and excellent exposure. This large space is approx. 4000 sqft $10600/month including HST! Well equipped with commercial kitchen facilities and bar infrastructure, offering tremendous potential for experienced operators or new concepts. Plenty of on-site and nearby parking with easy access to major routes and public transit. Several parties per months for different groups like Salsa Dance, Boxing groups and more! A rare chance to own a sizable hospitality business in one of Ottawa's busiest and most established commercial districts. All existing chattels and equipment included.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.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 858 MERIVALE ROAD