1196 Bank Street
4403 - Old Ottawa South / Glebe - Ottawa East and Area, ON K1S 3Y1
About This Property
Turn-Key Restaurant Opportunity - Established, Profitable, and Ready to Grow. A 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.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13750226
Listed by ROYAL LEPAGE INTEGRITY REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$219
/month · $35,920 mortgage
Amortization
Total Interest
$29,856
Total Cost
$65,776
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE INTEGRITY REALTY











