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Renanza Realty
For sale

350 BOOTH STREET

Ottawa, Ontario

MLS® X12628966

$2,198,000

Status
Active
Property type
Business
MLS® number
X12628966
Bedrooms
Bathrooms
Year built

Listing description

7. 5% cap rate. ICONIC building located on a CORNER lot with existing commercial tenant (restaurant) that's been operating since 1995 in the ground floor unit.

This can be a turnkey investment or for self-use owner-occupied as well. 3 apartments on the upper floor. Each unit is approximately 600-700 sq ft.

6 Parking spots on site. The restaurant seats 100 with 25 patio seats as well. Liquor licensed.

The restaurant premise is approximately 2000 sq ft. Functional lower level being used as part of the restaurant for preparation, fridges, freezers, and storage. 2nd floor with 3 two-bedroom apartments, kitchen, living/dining area, and full bathroom.

Each apartment pays their own hydro. Well-maintained building and turnkey investment. Roof replaced in 2023.

Viewings are by appointment only through the listing agent. Please respect the restaurant business that's in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE.

They will NOT answer.

Property summary

MLS® number
X12628966
Property type
Business
Land size
53.51 x 74.62 FT ; 0
Annual property taxes
$16,500.00
Parking
6 spaces · Other
Days on market
258 days

Features & details

Heating
Forced air, Natural gas
Cooling
Partially air conditioned

What would this home cost you?

Based on the $2,198,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$10,227 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of COLDWELL BANKER FIRST OTTAWA REALTY, OTTAWA.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.