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296 Somerset Street, Ottawa, ON 14 photos

$149,000

Active
296 Somerset Street, Ottawa, ON· Sandy Hill
4600
Sq Ft

About this Property

Business Opportunity! Well established restaurant and in fantastic location. This property opens up endless possibilities to increase foot traffic business run well with students and new development. With a lot more room to grow, this restaurant is ready for your new business skill set. It provides a welcoming atmosphere for clients. Turnkey operation with immediate income. Excellent location and huge client base as well! Four blocks away from University of Ottawa. This restaurant business allows you to create a space tailored to your own creative business ideas as well. Strong established customer base with great exposure. Don't miss out on this incredible opportunity in a prime area. This is an opportunity you do not want to pass. Show it today!

Listed by REMAX BOARDWALK REALTY · MLS# X12997166

About Sandy Hill

University Urban · Avg $550K

Sandy Hill is a historic urban neighbourhood located directly east of Ottawa's downtown core, bounded by the Rideau River to the east, Rideau Street to the north, and the University of Ottawa campus to the south and west. This duality — heritage residential streets alongside a major university — gives Sandy Hill a unique energy that combines the architectural grandeur of embassy row with the youthful vitality of a university quarter.

Avg Home Price$550K
Walk Score91
Embassies10+
Walk to Downtown10 min
View Full Sandy Hill Guide

Features & Details

Property details of 296 Somerset Street, Ottawa, ON

Property TypeSale Of Business
StyleWithout Property
Size4600 sq ft

Mortgage Calculator

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Mortgage Payment$732/monthly
Principal54%
Interest46%
Principal Amount$119,200
Interest$100,398
Total Payable$219,598
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$732
Mortgage + Expenses$732
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$
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Monthly Cash Flow-$732

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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