C - 129 RIOCAN AVENUE, Ottawa

$619,990

For sale: Other

Other at C - 129 RIOCAN AVENUE, Ottawa
Property type
Sale Of Business
MLS®
MLS® X13782100
Neighbourhood
7709 - Barrhaven - Strandherd

Fantastic opportunity to own a well-established restaurant business in the heart of Barrhaven. Ideally positioned in a busy commercial destination just off Strandherd Drive and near the Cineplex Theatre, this location offers excellent accessibility and exposure in a thriving area surrounded by residential communities, shopping, dining and entertainment. The restaurant features a welcoming dine-in area with seating for approximately 18 guests and a functional layout designed for efficient day-to-day operations. The sale includes chattels, offering a turnkey opportunity for an entrepreneur, experienced operator or investor looking to acquire an established restaurant location. Currently operating as a franchise, the business provides an excellent opportunity to step into an existing operation in one of Barrhaven's busiest commercial areas. With a strong location, established setup and flexible possession, this is an exciting opportunity A fantastic opportunity for anyone looking to expand their current portfolio or for an eager new entrepreneur ready to establish themselves within a successful turn-key operation.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.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 C - 129 RIOCAN AVENUE