$160,000
For sale: Other

Business asset sale only of a fully equipped quick service restaurant. Trademark, name or goodwill NOT included in sale. Existing lease in place. Current Rent approximately $6k/month plus HST plus utilities. Approximately 1040 sq ft. on main floor plus basement area. Parking spaces available. Prime location situated in the heart of the Glebe. Steps to Lansdowne, the Rideau Canal with a high volume of traffic and surrounded by a wide variety of iconic restaurants, shops, cafes and services. Kitchen exhaust hood in place; two washrooms; fridges and freezer; seating for 26 guests. Ideal for quick service restaurant. Buyers subject to Landlord approval.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.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 $799,900.
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 22% 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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