400 Rideau Street
400 Rideau Street
$389,000
$299/sq ft · 71 days on market
About This Listing
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 To $12,000 (And Growing)Rent: Approx. $7204/Month (TMI Included)Lease: Current Lease Long Term Till 2034Royalty 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!
| Monthly Mortgage (P&I) | $1,695 |
| Property Tax (est.) | $211 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $1,906 |
Down payment: $77,800 (20.0%) · Mortgage: $311,200
Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by HOMELIFE/MIRACLE REALTY LTD
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Data last updated: August 23, 2026 at 10:25 a.m.