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. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
ESTABLISHED BAR & RESTAURANT IN THE HEART OF OTTAWA!An exciting opportunity to acquire an established bar and restaurant in the heart of Ottawa, known as a popular destination for young professionals and nightlife enthusiasts. Combining food, drinks, great music, an energetic atmosphere, and dancing late into the night, this business attracts patrons looking to unwind after work and enjoy Ottawa's vibrant nightlife throughout the week.After successfully establishing the business, the owner is ready to pursue other priorities, opening the door for a new owner to take the reins and build on its existing foundation. An ideal opportunity for an experienced bar and restaurant operator looking to acquire an established business with the potential to further develop its clientele and offerings.BUSINESS SALE ONLY. Experienced buyers are encouraged to inquire. Strict confidentiality is required. Please do not approach the business or its staff directly. All inquiries must be directed through the listing agent.
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Owners vs Renters
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,309/mo
Mortgage (principal + interest)$1,309
Minimum $17,500 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$70,000
Ontario land transfer taxProvincial brackets, no first-time refund$3,725
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$76,525
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Billings Bridge - Riverside Park and Area has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. 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 information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
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