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Renanza Realty
For sale

1499 MERIVALE ROAD

Ottawa, Ontario

MLS® X13469996

$500,000

Status
Active
Property type
Business
MLS® number
X13469996
Bedrooms
Bathrooms
Year built

Listing description

Ng's Cuisine has been a fixture in Ottawa for over 22 years and can now be yours! An amazing restaurant opportunity! The premises feature a large and functional layout, 2,300 sq.

ft with a bright, open licensed dining space with seating for 110patrons, served by a fully-equipped, spacious commercial kitchen designed for high-volume service. Another 900 sq. ft.

is available in the lower level for private dining service. Ample storage is available, along a prep kitchen, 2 walk-in freezers, 1 walk-in cooler, live seafood tanks in the basement. This listing price includes all existing fixtures, equipment, goodwill,transfer of liquor licence, leasehold improvement, and remaining inventory on closing to ensure a truly turn-keyoperation from day one.

Situated in a prime location with heavy vehicular traffic, close to other retailers, groceries andresidential hubs. 25 parking spaces available. Full details, inventory list, and lease terms available to qualified buyers.

Property summary

MLS® number
X13469996
Property type
Business
Land size
187.19 x 83.77 FT
Parking
25 spaces
Days on market
74 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Lot features
Irregular lot size

What would this home cost you?

Based on the $500,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,326 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of CENTURY 21 KENNECT REALTY, MARKHAM.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.