haho.ca
$99,000
For sale

#7 1950 Merivale Road, Ottawa - Business for Sale

#7 1950 Merivale Road, Ottawa, Ontario, K2G5T5

2 baths1,135 ft²Listed 50 days ago
Overview

This business in Ottawa is for sale offering roughly 1,135 sq ft of space. It has been on the market 50 days, fresher than the Ottawa average of 63 days.

Description

A rare opportunity to take over a well-established and highly reputable business with 14 years of proven operation! Built on a strong foundation of loyal repeat clientele and exceptional customer service, the business has earned an impressive Google rating and a strong reputation in the community.Ideally situated in a well-established residential area, with the Nepean Sportsplex and other amenities nearby, the location offers excellent visibility, accessibility, and a strong surrounding customer base. Dedicated parking directly in front of the unit adds tremendous convenience for clients.The functional layout features multiple private rooms, each with its own sink, providing flexibility for a variety of services. The unit also offers a full bathroom and a separate accessible bathroom, making the space highly practical and ready for continued operation.The real opportunity is the untapped growth potential. A new owner could expand the existing service offerings by introducing manicure, pedicure, and other complementary beauty services, creating additional revenue streams without the need for a major renovation or relocation.Established clientele. Proven track record. Outstanding online reputation. Prime location. Dedicated parking. Multiple private service rooms. Significant room to grow.A fantastic opportunity for an owner-operator or an experienced entrepreneur looking to acquire an established business and take it to the next level. (id:66096)

Property Details

MLS®
X13787556
Property Type
Business
Business Type
Personal Services
Zoning
LC[180]IG
Bathrooms
2
Interior Size
1,135 ft²
Frontage
361 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
50 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
50d
Ottawa listings, avg age
63d
Price / ft²
$87
List price
$99K

Long Listed: 50 days on market, against an average age of 63 days across the listings currently for sale in this city

Haho

This business in Ottawa has been listed for 50 days, which is 13 days fresher than the city average of 63. Act while there is still low competition.

Listed by ROYAL LEPAGE TEAM REALTY · Andrea Zhang

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K2G)

This home lists at $99,000, about 0.9× the local median household income of $114,000.

Carrying it typically needs a household income of about $19,338 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$114,000
Population
50,692
Median age
40
Owner / renter
72% / 28%
Avg. household size
2.8

Source: Statistics Canada, 2021 Census (FSA K2G)

$99,000· $87/ft²
For sale

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Financing

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$99,000

Ottawa

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