For Sale Business

1196 Bank Street

$44,900 Est. $199/mo ↓

Ottawa, Ontario K1S 3Y1

10 X 77.91 Ft Lot size
Today Listed
Fully Air Conditioned Forced Air

About this home

Turn-Key Restaurant Opportunity - Established, Profitable, and Ready to GrowA rare chance to own a long-running, turn-key restaurant with a loyal customer base and proven systems already in place - start generating income from day one. Located on a busy main street with heavy foot traffic and strong online ordering sales, this business has thrived for years and is only being offered for sale as the current owner pursues other ventures.The lease is a standout feature of this opportunity, offering exceptional terms with the flexibility to extend or expand. The adjacent unit is expected to become available soon, opening the door to add table seating alongside the current bar-style seating - a natural next step for growth. There's also clear upside for a new owner to capture the breakfast crowd by opening earlier.Surrounded by round-the-clock pedestrian traffic in a rapidly developing neighbourhood, this location is only gaining momentum. A fantastic opportunity for an owner-operator or investor looking for a business with real upside. (id:28469)

Business

Business Type Restaurant
Business Sub Type Restaurant/pub

Facts & features

Property

MLS® Number
X13750226
Property Type
Business
Community Name
4403 - Old Ottawa South

Building

Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Utility Water
Municipal Water

Land

Acreage
No
Size Depth
77 Ft ,10 In
Size Frontage
10 Ft
Size Irregular
10 X 77.91 Ft
Size Total Text
10 X 77.91 Ft
Zoning Description
Tm2 H(15)

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$199/mo
Ontario land transfer tax
$225 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $225 back on land transfer tax.

The Old Ottawa South market

10 Active listings
$995,000 Median asking price
95% below median This home
30 days Avg. time on market
Browse all Old Ottawa South listings →

Location

1196 Bank Street, Ottawa, Ontario K1S 3Y1  ·  Get directions

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