1950 Merivale Unit 11
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$319,900

1950 Merivale Unit 11

Ottawa, Ontario, K2G5T5

Active
2
Bathrooms
2,200
Sq Ft
2,200
Lot (sqft)

About This Property

This 2-bathroom retail in Ottawa offers 2,200 sq ft of living space on a 2,200 sq ft lot. The home features forced air, natural gas heating, fully air conditioned.

MLS Remarks

Newly Established Persian Restaurant on Prime Merivale Road. Excellent opportunity to acquire Vasta Bread and Sandwich, a recently opened restaurant (March 2025) prominently located on busy Merivale Road, one of Ottawa's most sought-after commercial corridors. The business has quickly built a loyal following and strong reputation, boasting an impressive 4.9-star rating.The restaurant offers a diverse menu including fresh baked bread, gourmet sandwiches, BBQ and grilled plates, kebabs, rice dishes, family platters, and traditional specialties, appealing to a wide customer base for dine-in, take-out, and delivery.The unit consists of two combined spaces totalling approximately 2,200 SF (900 SF + 1,300 SF), providing flexibility for future expansion or the potential to operate two separate concepts or businesses. There are 3 years remaining on the current lease, and all equipment is owned outright with no leased equipment, making this a true turnkey operation.Featuring excellent street visibility, strong signage exposure, and steady vehicle and foot traffic, this location is surrounded by established retail, office, and residential uses. A rare opportunity to take over a newer, well-reviewed restaurant with strong growth potential in a high-traffic main-road location. (id:60351)

Overview

Property Typeresidential
Sub-Typeretail
StatusActive
MLS #X12766862

Interior

HeatingForced air, Natural gas
CoolingFully air conditioned

Listing Information

MLS#: X12766862


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$63,980
5%20%50%
Estimated Monthly Payment
$1,422
/month
Mortgage
$255,920
Total Interest
$170,826

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$3,274
Total Due on Closing$3,274

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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