1/5988 WELLINGTON STREET, Ottawa
988 WELLINGTON STREET, Ottawa, ON K1Y2X8
$138,000 total
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Asset Class
Retail
Size
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Building class
B
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
96%
About this property
Rare opportunity to own a well-established Chinese takeout business with 16 years of successful operation. Prime location near Westboro with reasonable rent, loyal clientele, and an extensive delivery area. Experienced head chef of many years is willing to stay, ensuring a smooth transition. Owner retiring. Turnkey, stable, and ready for the next operator. Don't miss this exceptional opportunity! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$637
Projected NOI
$9K
Annual cash flow
$2K
Cash-on-cash
4.02%
DSCR
1.22
Going-in cap
6.75%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
49,344
Households
17,071
Median income
$114,500
Median age
31.2
Daytime population
75,412
5-yr growth
8.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 988 WELLINGTON STREET, Ottawa.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.