400 Rideau Street

4001 - Lower Town/Byward Market, Lower Town - Sandy Hill, K1N 6B7

$329,000

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Listed 33 days ago · MLS® X13796010

About this home

Turnkey Fat Bastard Burrito Franchise For Sale One Of The Top Mexican Food Franchises For Sale In Ottawa Downtown. This Well-Established Store Is Situated In Prestigious Location Steps from University of Ottawa (40,000+ students) And Proximity To Government Offices, Rideau LRT Station, Rideau Centre (Ottawa's largest mall). Surrounded By High Rise Building, Residential Neighbourhoods, Offices, And Retail, Ensuring Great Visibility And High Foot Traffic. It Offers Consistent Sales, Is Easy To Operate With Full Franchise Support, And Is Ideal For Owner-Operators, Looking For A Profitable And Reputable Brand Opportunity. Unbeatable Location Key Highlights: Prime Location: A Popular Spot For Mexican Cuisine. Strong Financial Performance: Weekly Sales: Approx. $11,000 $12,000 (And Growing) Rent: Approx. $7204/Month (TMI Included) Lease: Current Lease Long Term Till 2034 Royalty Fee: 8%Advertising Fee: 2% Store Area: Approx. 1300 Sq. Ft. Full Training Will Be Provided To The New Buyer. Don't Miss This Opportunity!

Details

Type
Sale Of Business
Garage
Plaza
Neighbourhood
4001 - Lower Town/Byward Market
Municipality
Lower Town - Sandy Hill

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes

Building and exterior

Building area
1,300 Square Feet

More

Possession
Immediate
Cross street
King Edward Ave & Rideau St
Business type
Restaurant

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Rideau LRT13 min walk
  • 🚇 uOttawa LRT16 min walk

Within a 10-minute walk: 4 grocery stores, 143 cafés and restaurants, 14 parks, 11 pharmacies. Nearest grocery: Loblaws (150 m). Nearest park: Cindy Mitchell Park (350 m).

Schools nearby

Elementary

  • York Street Public School
    EQAO: Gr 6 reading 65%, math 20%
    4 min walk
  • École élémentaire catholique Sainte-Anne Catholic · French
    EQAO: Gr 6 reading 100%, math 81%
    4 min walk
  • École Notre-Dame du Mont Carmel French · Private8 min walk
  • École élémentaire publique Francojeunesse French
    EQAO: Gr 6 reading 96%, math 80%
    10 min walk

Secondary

  • École secondaire publique De la Salle French9 min walk
  • MacDonald-Cartier Academy Private17 min walk
  • Lisgar Collegiate Institute
    EQAO: Gr 9 math 73%, literacy test 91%
    18 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1N

Owners / renters
24% / 76%
Median household income
$64,000
Average age
40
Children under 15
9%
Homes
4% detached, 49% high-rise
Commute by transit
23%
Population
26,639

Languages spoken most at home besides English: Mandarin 1.5%, Arabic 1.3%, Spanish 0.9%, Somali 0.6%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 2 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by HOMELIFE/MIRACLE REALTY LTD.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.