$1,499,999
11 Third Avenue
Glebe, Ottawa
- 3 bd
- 3 ba
- Row / Townhouse
1 / 11
$160,000
931 Bank Street
Glebe, Ottawa, ON K1S3W5 · MLS® X13723172
About this property
Business asset sale only of a fully equipped quick service restaurant. Trademark, name or goodwill NOT included in sale. Existing lease in place. Current Rent approximately $6k/month plus HST plus utilities. Approximately 1040 sq ft. on main floor plus basement area. Parking spaces available. Prime location situated in the heart of the Glebe. Steps to Lansdowne, the Rideau Canal with a high volume of traffic and surrounded by a wide variety of iconic restaurants, shops, cafes and services. Kitchen exhaust hood in place; two washrooms; fridges and freezer; seating for 26 guests. Ideal for quick service restaurant. Buyers subject to Landlord approval. (id:65933)
- Type
- Business
- Category
- Business
- Updated
- Oct 14, 2026
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025. Property tax assumed at 1% of price.
Listed by Shaker Realty Ltd..
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.
