$1,499,999
11 Third Avenue
Glebe, Ottawa
- 3 bd
- 3 ba
- Row / Townhouse
1 / 2
$199,999
Glebe, Ottawa, ON K1S3T3 · MLS® X13808096
Bank on It!!! Well Established QSR location on a busy stretch of Downtown Ottawa. Approx. 1,300sqft of well built restaurant space, full commercial kitchen with walk-in fridge in kitchen, extensive chattels list, LLBO for 78 + 6 on Patio. CAN BE CONVERTED TO OTHER CONCEPT SUBJECT TO LL APPROVAL. (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 Re/Max Ultimate Realty Inc..
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.