228 ALBERT Street, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of 4101 - Ottawa Centre. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $249,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 31 x 90 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Step into the world of business ownership and be your own boss with this remarkable opportunity: your very own fully fixtured & equipped, fully operational, and highly profitable restaurant. Nestled in a prime location in downtown Ottawa, with continuous retail traffic, this turn-key establishment boasts a loyal clientele base, excellent reviews, and everything you need to hit the ground running. Why start from scratch when you can seize this chance at a fraction of the cost? Say goodbye to the headaches of renovations and costly equipment purchases - it's all set up and ready for you. With its blend of affordability and potential return on investment, this venture promises a bright future as a restaurant owner. Don't hesitate. Schedule your private viewing and step into the world of entrepreneurship. Please refrain from approaching business staff or customers during operating hours. Visits are available by appointment only through listing brokerage office.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 228 ALBERT Street, Ottawa Centre, ON K1P 5G6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $249,999 in Ottawa Centre, the legal minimum down payment is $12,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,225 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,225.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.