$279,999
For sale: Other

Turnkey, modern restaurant opportunity in the high-traffic Kanata-Stittsville area. This 2,107 sq. ft. restaurant space offers seating for up to 50 guests, extensive leasehold improvements, and a professionally equipped commercial kitchen-an excellent foundation for a buyer's own restaurant concept. Asset sale includes a fully built commercial kitchen featuring a 10-ft exhaust hood, walk-in freezer, two full-size upright fridge/freezer units, four under-counter refrigerators, a four-burner commercial range, and a large commercial deep fryer. Additional chattels and leasehold improvements to be confirmed by an agreed Schedule A. The flexible layout and commercial kitchen configuration offer strong potential for restaurant operations, catering, food preparation, or production use, subject to landlord approval and applicable requirements. Offered as an asset sale, providing the flexibility to rebrand and operate under the buyer's own vision. Current rent is $5,838.51 + TMI, with approximately six years remaining on the lease and an option to renew. All offers are subject to landlord approval. Please do not approach or disturb staff.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.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 $799,000.
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.
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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