N/A - 1558 MERIVALE ROAD, Ottawa

$199,000

For sale: Other

Other at N/A - 1558 MERIVALE ROAD, Ottawa
Property type
Sale Of Business
MLS®
MLS® X13168106
Neighbourhood
7301 - Meadowlands/St. Claire Gardens

Excellent turnkey business opportunity located at 1558 Merivale Road, in one of Ottawa's busy commercial areas with great street exposure and steady traffic. Currently operating as a bubble tea shop, this modern and stylish space is fully equipped and ready for immediate operation. Surrounded by residential communities, offices, retail plazas, restaurants, and daily passersby, the business benefits from a strong local customer base and excellent visibility. The shop features a clean, contemporary interior and an efficient layout suitable for dine-in, takeout, and delivery. Great opportunity for an owner-operator or investor to continue the existing bubble tea business or other beverage concept, subject to approval. A fantastic chance to own a recognizable beverage business in a high-traffic Ottawa location.

Sold data

Homes in Ottawa — recent sold market

Homes in Ottawa took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 2,342 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.

The median sale price was $649,000.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$649,000
Sale-to-list ratio
97.9%
Sold above asking
11%

Based on 2,342 recorded sales in the last 90 days. 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 N/A - 1558 MERIVALE ROAD