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.
Rare opportunity to acquire a long-established bakery and food business with nearly four decades of history, strong brand recognition and approximately $1.1 million in annual gross sales. Founded in 1988 in Hull, Quebec, the business became a staple within the local Portuguese community, particularly known for its traditional Portuguese bread, pastries and authentic Portuguese foods. Over the years, the business built a loyal following that extended well beyond the Portuguese community. Today, the bakery continues that tradition from its established Ottawa west-end location, combining traditional Portuguese baking, café and prepared-food operations. Loyal, multi-generational customer base; fully equipped commercial bakery and production kitchen; extensive commercial equipment included; sales across bakery, café, sandwiches, hot food and take-home meals; established supplier relationships and operating systems; strong Ottawa-Gatineau customer following; turnkey operation with significant infrastructure already in place. For an experienced bakery, restaurant or food-service operator, this represents an opportunity to acquire more than equipment and a lease-it is the acquisition of an established business, recognized name and brand, existing customer base and nearly four decades of operating history. Ownership is offering the business for sale as part of a planned transition into other ventures. Current owner is willing to stay on to help with the transition, train staff, demonstrate the day-to-day business, and all recipes. Financial statements, equipment lists, lease information and additional business records will be made available to qualified buyers after an NDA. Do not miss this opportunity to build upon the existing business and utilize everything it offers
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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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$2,609/mo
Mortgage (principal + interest)$2,244
Property taxFrom listing: $4,380/yr$365
Minimum $34,990 down for this price; the slider moves in whole percent, starting at 6%. 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$119,980
Ontario land transfer taxProvincial brackets, no first-time refund$8,473
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$131,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Kanata 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.
