1050 Bank Street 4, Glebe - Ottawa East and Area

$39,900
1050 Bank Street 4

$39,900

New
78d
Sale Of Business

1050 Bank Street 4, Glebe - Ottawa East and Area

Total Monthly Obligation $536

Beds
0
Baths
1
Park
1
DOM
78d
Property Type-Sale Of Business
MLS® Number-X13647662
Beds-0
Bathrooms-1
Lot Size-114 × 100 ft
Listed on site-Aug 6, 2026
Building Type-Sale Of Business
Parking-None
Heating-Gas Forced Air Open
Brokerage-ZOLO REALTY
Cooling-Yes
Fireplace-No
Pool-None
Possession-Flexible, to be arranged between buyer and seller
Neighbourhood-4403 - Old Ottawa South
Title-Commercial

No agent assigned

Rare turnkey opportunity to acquire an established Bank Street food service business in the heart of Ottawa's Glebe. For God Shakes, an operating milkshake bar located steps from Lansdowne Park and Carleton University, is offered as a going concern including the business name, brand, goodwill, recipes, complete equipment package, and full lease continuity. Trailing twelve month revenue exceeded 397,000 dollars. The 873 square foot unit occupies a prime southbound Bank Street location with high pedestrian counts, established signage, and a modern buildout completed in 2023. Attractive lease locked at base rent to 2033 with a ten year renewal option. Suits owner-operator, first-time food service buyer, or existing operator seeking an additional cash flow location. Full financials, T2 returns, equipment schedule, and lease documents available under NDA following pre-qualification. Please do not approach staff on site. Contact listing agent for showing procedures.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$31,920
Land Transfer Taxes$200
Legal Fees (Est.)
$
Total cash required for closing$9,680

Total Monthly Obligation

$536/mo
Mortgage $161
Monthly Loss $494
Principal$42
Interest$119
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1050 Bank Street 4

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.