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Assisted Living Home in Prime Ottawa For Sale

Ottawa, Ontario, Canada
Asking Price:
$5,000,000 (CAD)
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
On request

Exclusive Off-Market Opportunity – Assisted Living Facility with Prime Downtown Ottawa Real Estate

An exceptional opportunity to acquire an established assisted living facility together with the underlying real estate in downtown Ottawa.

This offering combines an operating assisted living business with a well-maintained, extensively renovated institutional property in one of Canada's strongest and most desirable real estate markets.

Highlights include:

✔️ Prime Downtown Ottawa Location with strong long-term real estate fundamentals.

✔️ Turnkey Institutional Facility that has undergone extensive renovations and capital improvements, offering a purchaser the benefit of acquiring an existing healthcare property without the time, cost, and uncertainty associated with developing a comparable facility.

✔️ Established Assisted Living Operation providing an existing operational platform with opportunities for a new owner to evaluate future growth, operational enhancements, occupancy optimization, or strategic repositioning based on their own business objectives.

✔️ Multiple Investment Opportunities including continued operation as an assisted living facility, operational expansion, long-term real estate investment, or other strategic uses, subject to all applicable approvals.

This opportunity may be of interest to experienced assisted living operators, healthcare organizations, healthcare real estate investors, family offices, private equity groups, and institutional investors seeking quality healthcare assets in the Ottawa market.

We are currently gauging market interest before commencing a broader marketing process.

If you have experience owning or operating assisted living facilities or investing in healthcare real estate, we would be pleased to discuss this confidential opportunity.

Property Information

Real Estate:

Real Property Included

Location:

Within Ottawa City limits

Premises Details:

Very well maintained - totally renovated

Business Operation

Expansion Potential:

Assisted living residences offer substantial opportunities for expansion, supported by Canada’s aging population, longer life expectancy, and the growing demand for safe, supportive residential care. In addition to improving occupancy and operating performance, the property’s prime location and underlying real estate may provide meaningful potential for redevelopment, expansion, or conversion to an alternative use.

Key areas for growth include:

Alternative-Use Potential: Subject to municipal zoning, planning approvals, building-code requirements, and other applicable regulations, an incoming owner may explore converting the property to another residential, commercial, institutional, healthcare, or mixed-use purpose that better capitalizes on its location and real estate value.

Redevelopment or Property Expansion: Depending on the site’s size, zoning permissions, servicing capacity, and development potential, there may be opportunities to expand the existing building, add residential units or care beds, reconfigure the premises, or undertake a broader redevelopment of the property.

Continued Assisted Living Operations: A purchaser may continue operating the existing residence while improving occupancy, services, staffing efficiencies, resident programming, and referral relationships to strengthen revenue and profitability.

Healthcare and Community Uses: The property may also be suitable for complementary uses such as supportive housing, transitional housing, rehabilitation services, medical or wellness facilities, or other community-based programs, subject to all required approvals.

Strategic Real Estate Value: The combination of an operating assisted living residence and prime real estate provides flexibility for both owner-operators and real estate investors. A purchaser may benefit from the property’s current use while evaluating its longer-term highest and best use.

These opportunities, together with the long-term demand for supportive care and the potential value of the underlying real estate, may position the property for continued operations, expansion, conversion, or redevelopment. Any proposed alternative use or development is subject to independent verification of zoning, official-plan designation, servicing, environmental matters, building requirements, governmental approvals, and all other applicable due-diligence considerations.

Competition / Market:

The assisted living industry operates within a strong and steadily growing sector, driven by Canada’s aging population, increasing life expectancy, and the growing need for supportive residential care. Demand is influenced by factors such as local demographics, location and accessibility, reputation, range of services offered, quality of accommodations, staffing levels, and the overall resident and family experience. Government-funded programs and care arrangements may apply in certain cases, providing a degree of stability in occupancy and revenue; however, eligibility, funding levels, and program requirements vary by jurisdiction.

Competition is primarily based on the quality and breadth of care services, the experience and credentials of staff, the standard of accommodations, safety, programming, and the overall quality of life provided to residents. Residents and their families place significant value on compassionate and reliable care, nutritious meals, cleanliness, social and recreational activities, accessibility, and a welcoming, home-like environment. An assisted living residence that maintains strong resident satisfaction, delivers consistent care, and enjoys a trusted community reputation can achieve a clear and sustainable advantage in the market.

Looking ahead, success will depend on attracting and retaining qualified staff, adapting to evolving resident needs and regulatory requirements, and continuing to invest in the quality of care, accommodations, and resident experience that supports referrals, occupancy, and long-term stability. A well-maintained and appropriately equipped assisted living residence is well positioned to remain resilient and competitive within this expanding industry.

All information contained in this advertisement is subject to verification by a prospective buyer through their own independent due diligence.