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

Homes in Barrhaven Strandherd — recent sold market

Homes in Barrhaven Strandherd took a median of 34 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 63, across 99 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $609,900.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
34
Median sale price
$609,900
Sale-to-list ratio
97.5%
Sold above asking
7%

Based on 99 recorded sales in the last 1 year — 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 C - 129 RIOCAN AVENUE