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  • Office: 647-282-4848

$129,000
Available - For Sale
Listing ID: X13033562
174 Colonnade Road , Cityview - Parkwoods Hills - Rideau Shor, K2E 7J5, Ottawa


A famous hotspot restaurant in Chinese community! Excellent opportunity to acquire a well-established and highly rated authentic Chongqing-style Noodle house restaurant, the business is popular among local professionals and food enthusiasts alike. Located in the high-traffic Merivale/Colonnade commercial park, this restaurant benefits from strong dine-in, takeout, and online sales. Well-reviewed on Google with a loyal customer base.Proprietary recipes and preparation methods will be included in the sale, offering a smooth transition for the new owner. Ideal for both first-time operators and experienced restaurateurs looking to expand. Special note: The rent for this business property is very low-less than 10% of sales-resulting in a high profit margin, the owner ran this restaurant for 8 years and sale due to retirement.
Price $129,000
Taxes: $6937.00
Tax Type: Annual
Assessment Year: 2025
Occupancy: Owner
Address: 174 Colonnade Road , Cityview - Parkwoods Hills - Rideau Shor, K2E 7J5, Ottawa
Postal Code: K2E 7J5
Province/State: Ottawa
Directions/Cross Streets: take Colonnade Rd from either Merivale or Prince of Wales Dr, then look for sign 174 then for unit 2
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 0.00
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 8
Employees #: 2
Seats: 12
Washrooms: 1
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOME RUN REALTY INC.
Personal Picture
Antonella Monte
Broker
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647-282-4848
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At a Glance:
Type: Com - Sale Of Business
Area: Ottawa
Municipality: Cityview - Parkwoods Hills - Rideau Shor
Neighbourhood: 7203 - Merivale Industrial Park/Citiplace
Style:
Lot Size: x 678.01(Feet)
Approximate Age:
Tax: $6,937
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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