1196 Bank Street, Glebe - Ottawa East and Area

$44,900
1196 Bank Street

$44,900

New
47d
Sale Of Business

1196 Bank Street, Glebe - Ottawa East and Area

Total Monthly Obligation $556

Beds
0
Baths
0
Park
0
DOM
47d
Property Type-Sale Of Business
MLS® Number-X13750226
Beds-0
Lot Size-10 × 77.91 ft
Listed on site-Sep 6, 2026
Building Type-Sale Of Business
Parking-None
Heating-Gas Forced Air Open
Brokerage-ROYAL LEPAGE INTEGRITY REALTY
Cooling-Yes
Fireplace-No
Pool-None
Possession-Flexible
Neighbourhood-4403 - Old Ottawa South
Title-Commercial

No agent assigned

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.

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Closing Costs

Mortgage Amount
$35,920
Land Transfer Taxes$225
Legal Fees (Est.)
$
Total cash required for closing$10,705

Total Monthly Obligation

$556/mo
Mortgage $181
Monthly Loss $508
Principal$48
Interest$133
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1196 Bank Street

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