$699,900
3030 Southmore Drive E
Riverside Park South, Ottawa
- 5 bd
- 2 ba
- House
1 / 14
$200,000
Riverside Park South, Ottawa, ON K1V7Z8 · MLS® X14106002
EXCELLENT BUSINESS OPPORTUNITY IN OTTAWA'S SOUTH KEYS AREA! An opportunity to acquire an existing educational learning and tutoring center in a highly accessible commercial location along busy Bank Street. Situated in an established residential and commercial community, the business benefits from convenient access to public transit, surrounding neighborhoods, nearby schools, shopping and other amenities. The premises are designed for educational and tutoring services, providing an attractive opportunity for an entrepreneur, educator or investor interested in the growing supplemental education sector. The business operates under an established educational franchise system offering structured learning programs, operational procedures and brand recognition. A qualified purchaser may benefit from the franchise's existing business model and support network, subject to franchisor approval and applicable franchise terms. BUSINESS SALE ONLY - REAL ESTATE NOT INCLUDED. The sale is subject to franchisor approval, purchaser qualification, mandatory training, applicable transfer requirements and landlord consent where required. Additional business and financial information available to qualified purchasers upon execution of a confidentiality agreement. Do not approach the business, employees or students directly. (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 Royal Lepage Performance Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.