Lower Town - Sandy Hill, ON · · MLS® X14135930Updated
$199,900
175 Rideau St is a business in Lower Town - Sandy Hill, listed for $199,900.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Boustan shawarma franchise for sale in downtown ottawa! Take over an operating restaurant at 175 Rideau Street, close to CF Rideau Centre, the ByWard Market, the University of Ottawa and Rideau O-Train Station. This central location places the business within reach of students, downtown residents, office workers, shoppers and tourists. Surrounded by hotels, residential buildings, retail, dining and entertainment, the restaurant is positioned to serve a varied customer base-from a quick lunch between classes or meetings to dinner and takeout after shopping or an evening downtown. Nearby public transit adds convenience for customers and employees. Known for its Lebanese cuisine and shawarma, Boustan brings a recognized franchise identity to this existing restaurant operation. Training will be provided to help the incoming owner learn the business and transition into ownership. An opportunity for a hands-on owner-operator, an entrepreneur entering the restaurant industry or an experienced restaurateur looking to expand into a central Ottawa location.
Lower Town - Sandy Hill business priced at $199,900 — book a tour to see if it fits your search.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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Closed sales on the TRREB MLS®.
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Listing brokerage: COLDWELL BANKER FIRST OTTAWA REALTY, BrokerageMLS® X14135930 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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Other homes for sale in Lower Town - Sandy Hill around $200K.
Based on 59 sales from Aug 2 – Oct 31, 2026 (83 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
175 Rideau St is listed at $199,900 (MLS® X14135930). Summitly updates the price as soon as the MLS® record changes.
No — 175 Rideau St is still listed at its original asking price of $199,900.
The listing for 175 Rideau St doesn't publish its bedroom and bathroom count. It is a commercial property in Lower Town - Sandy Hill.
Its asking price of $199,900 is about 67% below the median sold price in Lower Town - Sandy Hill over the last 90 days, $599,000, across 59 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 175 Rideau St on record from the last two years. Older records aren't shown under TRREB rules.
175 Rideau St is in Lower Town - Sandy Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
175 Rideau St was listed today (October 31, 2026).
About $1,724 in Ontario land transfer tax at the asking price of $199,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
The listing for 175 Rideau St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Lower Town - Sandy Hill.
The listing for 175 Rideau St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
