E11A - 2020 LANTHIER DRIVE, Ottawa

$250,000

For sale: Other

Other at E11A - 2020 LANTHIER DRIVE, Ottawa
Property type
Sale Of Business
MLS®
MLS® X13680392
Neighbourhood
1117 - Avalon West

Excellent opportunity to acquire a successful and well-established Canadian owned Mexican franchise located at 2020 Lanthier Drive, Orléans, within a high-traffic retail plaza just off Innes Road. This fully turnkey fast-casual Mexican restaurant offers strong visibility, consistent foot traffic, and excellent brand exposure, making it well suited for an owner-operator or investor. The business features modern finishes, updated equipment, and an efficient operational layout, and is supported by one of Canada's fastest-growing franchise brands, offering comprehensive training, ongoing corporate support, and a loyal customer base with consistent sales and healthy margins.The restaurant is located in a busy commercial plaza anchored by Real Canadian Superstore, with strong complementary tenants nearby and within the plaza including Bulk Barn, The UPS Store, Gabriel Pizza, Baskin Robbins, Home Depot, Metro, Fit4Less, Winners, HomeSense and much more driving steady walk-in traffic and repeat clientele. Operations are streamlined with low overhead costs, and additional revenue is generated through major delivery platforms such as Uber Eats, DoorDash, and SkipTheDishes. The business is cash-flow positive and secured by a long-term lease, offering stability and future growth potential in a desirable Orléans market. Financial information and appraisal are available for qualified buyers.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.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 E11A - 2020 LANTHIER DRIVE