haho.ca
$200,000
For sale

#5 1920 BANK Street West, Ottawa - Business for Sale

#5 1920 BANK Street West, Ottawa, Ontario, K1V7Z8

Listed 13 days ago
Overview

This business in Ottawa is for sale. It has been on the market 13 days, fresher than the Ottawa average of 62 days.

Description

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:66096)

Property Details

MLS®
X14106002
Property Type
Business
Business Type
Service
Zoning
AM1
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
13 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
13d
Ottawa listings, avg age
62d
List price
$200K

Active: 13 days on market, against an average age of 62 days across the listings currently for sale in this city

Haho

This business in Ottawa has been listed for 13 days, which is 49 days fresher than the city average of 62. Act while there is still low competition.

Listed by ROYAL LEPAGE PERFORMANCE REALTY · Rami Bastawros

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1V)

This home lists at $200,000, about 2.2× the local median household income of $93,000.

Carrying it typically needs a household income of about $39,067 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$93,000
Population
57,157
Median age
38
Owner / renter
58% / 42%
Avg. household size
2.6

Source: Statistics Canada, 2021 Census (FSA K1V)

$200,000
For sale

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Financing

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$200,000

Ottawa

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