$230,000
304 - 475 Laurier Avenue W
Ottawa Centre, Ottawa
- 1 bd
- 1 ba
- Condo apartment
1 / 18
$99,000
Ottawa Centre, Ottawa, ON K1P5B4 · MLS® X13748448
Turnkey restaurant opportunity in the heart of Downtown Ottawa! Exceptionally located within walking distance to Parliament Hill and the Rideau Centre, this thriving establishment benefits from high foot traffic and a steady base of surrounding government clientele. Featuring a highly attractive, long-term lease and a proven high-income revenue stream, the business offers tremendous upside potential. A rare, high-ROI commercial opportunity in a prime location-act fast! (id:65933)
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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 Coldwell Banker Sarazen Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.