B - 889 BANK STREET, Ottawa

$80,000

For sale: Other

Other at B - 889 BANK STREET, Ottawa
Property type
Sale Of Business
MLS®
MLS® X13631668
Neighbourhood
4402 - Glebe

Turnkey resale/thrift retail business for sale in the heart of The Glebe on iconic Bank Street. Approx. 1,028 sq ft of well-located retail space with an established customer base and strong neighbourhood foot traffic. Business assets, fixtures, brand and goodwill included in the sale. Bonus income: a separate 200 sq ft lower-level room, the Portal Room, is rented out for events and short-term bookings, generating an estimated $1000 dollars per month, tracked separately from retail sales. Lease in place with landlord; remaining term available for review by qualified purchasers. Financials available to qualified purchasers upon execution of a confidentiality agreement. Do not go direct or speak to staff - all showings and inquiries through listing brokerage only.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.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 B - 889 BANK STREET