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174 Colonnade Road Unit 28

7203 - Merivale Industrial Park/Citiplace / Cityview - Parkwoods Hills - Rideau Shore, ON K2E 7J5

ActiveFor Sale
0 Beds
1 Baths
Commercial

About This Property

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.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Bedrooms0
Bathrooms1
Taxes (2025)$6,937
Postal CodeK2E 7J5
Last UpdatedOct 28, 2026 · 2:45 p.m.

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Features & Amenities

  • Air Conditioning

Buying or selling in Cityview - Parkwoods Hills - Rideau Shore?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® X14123956

Listed by HOME RUN REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$109,800

asking price

MLS®X14123956
TypeCommercial
CityCityview - Parkwoods Hills - Rideau Shore
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$536

/month · $87,840 mortgage

Down Payment20% — $21,960
Interest Rate5.5%

Amortization

Total Interest

$73,010

Total Cost

$160,850

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

HOME RUN REALTY INC.