Homula Realty Brokerage
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464 bank Street 5, Ottawa Centre, ON K2P 1Z3

Sale Of Business
$149,900

The business is easy to run and learn. No experience necessary. No real inventory or cost of goods. Simple easy business with lots of up-side. A rare opportunity to acquire the only dedicated flotation therapy spa in the City of Ottawa. Located in the heart of downtown, this fully built-out, beautifully designed wellness space offers a unique, competition-free position in a growing health and recovery market. As the sole provider of float therapy in the city, this business has established itself as Ottawa's destination for stress relief, mental clarity, athletic recovery, and holistic wellness. With growing awareness around mental health, burnout prevention, and recovery therapies, flotation therapy continues to gain traction making this a strategic acquisition for a wellness entrepreneur or investor looking to own a truly unique offering in the nation's capital. Additional services can be added. Everything to run the business is included in the sale including name, number, website etc...

MLS number
X13446780
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
Postal code
K2P 1Z3
Photos
9
89days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Glashan Public School
Ottawa-Carleton DSB
Elementary155 mNot reported
Elgin Street Public School
Ottawa-Carleton DSB
Elementary656 m8.7 / 10
87% met the standard
Glebe Montessori SchoolElementary811 mNot reported
Richard Pfaff Intermediate School
Ottawa-Carleton DSB
Elementary717 mNot reported
Richard Pfaff Secondary Alternate Site
Ottawa-Carleton DSB
Secondary720 mNot reported
First Avenue Public School
Ottawa-Carleton DSB
Elementary812 m8.7 / 10
87% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 814 people.

$70,000Median household income
15.6%Own their home
6.9%Detached houses
30.8Median age
16.1%Born outside Canada
56.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35061708 — the few blocks around this address, home to 814 people. It describes the area, not this property.

814Population
35.4Average age
1.6Household size
$101,200Average household income
$70,000Median household income
16%Own their home
84%Rent
24%Condominiums
16%Born outside Canada
56%University degree
$600,000Average home value
12%Low income
21%Not in the labour force
52%Never married
Under $5,0002%
$5,000 to $9,9991%
$10,000 to $14,9992%
$15,000 to $19,9993%
$20,000 to $24,9991%
$25,000 to $29,9994%
$30,000 to $34,9993%
$35,000 to $39,9993%
$40,000 to $44,9992%
$45,000 to $49,9993%
$50,000 to $59,9997%
$60,000 to $69,9998%
$70,000 to $79,9996%
$80,000 to $89,9995%
$90,000 to $99,9992%
$100,000 and over24%
$100,000 to $124,9998%
$125,000 to $149,9994%
$150,000 to $199,9997%
$200,000 and over5%

Percentages are of the 685 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$29,980 · minimum here is $7,495
$663.72per month
Borrowed before insurance$119,920
Total borrowed$119,920
Interest over 25 years at 4.5%$79,197

If you rented it out

-$663.72per month out of pocket
Rent$0.00
Everything it costs to hold$663.72
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX HALLMARK REALTY GROUP. Listing data provided by the Toronto Regional Real Estate Board.