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Commercial Property in Westboro - Hampton Park
About 727 Churchill Avenue
Turnkey Restaurant & Food Business Opportunity in Ottawa's Westboro Area! Excellent asset sale opportunity at 727 Churchill Ave N, ideal for an experienced operator, new restaurant concept, franchise or food business. The kitchen was renovated in 2021 and features a full-size commercial hood and walk-in refrigerator. The premises currently offer approx. 24 interior seats, patio seating and a liquor license, with 6 parking spaces associated with the building. Buyer to verify parking availability/rights, patio use and licensing requirements. The finished basement adds valuable operational space and is currently used for food preparation, with 2 coolers, a sink and additional prep space**. The front of the premises may be customized to suit a new brand or concept, subject to landlord and applicable approvals.**Kitchen equipment and furnishings are included in the asset sale**, providing an opportunity to take over existing restaurant infrastructure rather than starting with an unfinished commercial space. Competitive rent, with lease terms and occupancy costs to be verified by the Buyer. Located in the Westboro/Churchill area, surrounded by established residential and commercial uses, with additional development occurring and proposed in the broader area. Potential for various restaurant, takeout, catering, food service or franchise concepts, subject to lease, landlord consent, zoning, licensing and applicable approvals. Building is not for sale - asset sale only. Buyer and Buyer's representative to conduct their own due diligence regarding lease/assignment, permitted use, approvals, licenses, parking/patio rights, equipment, utilities, occupancy costs and suitability for intended use.
Westboro - Hampton Park business priced at $179,000 — book a tour to see if it fits your search.
How assignment sales work
What changes when you buy a builder contract instead of a finished home: HST, deposits, builder consent — each checked against its official source.
1
What an assignment is
An assignment sale is when the original buyer of a new, not-yet-completed home (the assignor) sells their rights and obligations under the agreement of purchase and sale with the builder to someone else (the assignee), who then closes with the builder.
Since May 7, 2022, all assignment sales of newly constructed or substantially renovated residential housing are taxable for GST/HST. For assignment agreements entered into after May 6, 2022, an amount that reimburses the assignor's deposit to the builder can be excluded from the taxable amount when the assignment agreement states that part of the price is for that deposit reimbursement.
On a new condominium unit, the builder must hold deposit money in trust under the Condominium Act, and the new home warranty protects up to $20,000 if a deposit was not placed in trust. On a new freehold home, Tarion covers the deposit up to $60,000 on homes priced at $600,000 or less, and 10% of the price up to $100,000 above that.
Whether a unit can be assigned, and on what terms (for example the builder's written consent or an assignment fee), is set by the assignment clause of the original agreement of purchase and sale. Read that clause, with a lawyer, before you commit.
Checked against the sources above on 2026-09-25. Not legal or tax advice.
Ask before you offer
This listing's description doesn't state the original purchase price, how much deposit is paid, the occupancy date or the builder's assignment fee. The full package (the original agreement and deposit receipts) answers these.
Selling an assignment?
List it free with Summitly — your contact details stay private and a licensed agent handles every buyer.
From the listing remarksMLS® listings have no structured assignment fields, so these figures are read from the listing agent's description. We show only what it states clearly — confirm every number against the agreement of purchase and sale and the assignment agreement before you commit.
Parking
Included
“24 interior seats, patio seating and a liquor license, with 6 parking spaces associated with the building.”
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
727 Churchill Ave Price & Sale History
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.
What's it worth?
How 727 Churchill Ave Compares to the Westboro - Hampton Park Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Westboro - Hampton Park market, last 90 days
Median sold price
$926,000
Average sold price
$937,300
Average days on market
36
Homes sold
67
Closed sales on the TRREB MLS®.
Living in Westboro - Hampton Park: Location & Amenities
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 727 Churchill Ave. Typical times without traffic delays; transit times aren't available yet.
Book a tour of 727 Churchill Ave with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 727 Churchill Ave day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 727 Churchill Ave
Market pulse · Westboro - Hampton Park
Median sold price$926,000Last 90 days
Average days on market36Homes sold in about 36 days on average.
Sale-to-list ratio97.7%On average, homes sold below asking.
Active listings53Homes for sale here right now.
Median vs prior 90 days−5.0%Compared with Apr 24 – Jul 23, 2026: prices down.
Based on 67 sales from Jul 23 – Oct 21, 2026 (49 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Yes. The listing describes it as an assignment: the original buyer is selling their contract with the builder, and the buyer who takes it over closes with the builder.
How much cash do I need to buy 727 Churchill Ave?
On an assignment you typically repay the original buyer's deposit and pay any markup when the assignment is signed, then pay the builder the balance at final closing, usually with a mortgage. This listing doesn't state enough figures to work out the amounts — ask for the full package.
Is HST charged on an assignment sale?
Since May 7, 2022, assignment sales of new residential homes are taxable for GST/HST (CRA info sheet GI-120). The part of the price that reimburses the original buyer's deposit can be excluded from the taxable amount when the assignment agreement says so.
Does the builder have to approve an assignment?
Usually the original agreement of purchase and sale sets whether the unit can be assigned and on what terms — often the builder's written consent and an assignment fee. Read that clause with a lawyer before you commit.
How much is 727 Churchill Ave listed for?
727 Churchill Ave is listed at $179,000 (MLS® X13705082). Summitly updates the price as soon as the MLS® record changes.
Has the price of 727 Churchill Ave changed?
Yes — it was first listed at $199,000 and is now $179,000, a drop of $20,000 (10.1%).
How many bedrooms and bathrooms does 727 Churchill Ave have?
The listing for 727 Churchill Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Westboro - Hampton Park.
Is 727 Churchill Ave close to transit?
The nearest rapid-transit station is Tunney's Pasture Station (O-Train Line 1), about 2.7 km in a straight line. Dow's Lake Station is about 3.4 km, and Corso Italia Station is about 3.6 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 727 Churchill Ave compare with other homes in Westboro - Hampton Park?
Its asking price of $179,000 is about 81% below the median sold price in Westboro - Hampton Park over the last 90 days, $926,000, across 67 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.
Where is 727 Churchill Ave?
727 Churchill Ave is in Westboro - Hampton Park, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 727 Churchill Ave been on the market?
59 days — 727 Churchill Ave was listed on August 23, 2026.
