101 - 516 Centennial Parkway, Hamilton, ON L8E 0G2
Stoney Creek, Hamilton · Near Qew/Centennial Pkwy · View map
About this home
Exceptional opportunity to acquire a fully built-out and well-established Southeast Asian restaurant in the heart of Hamilton's vibrant Stoney Creek community. Saigon House Restaurant is known for its authentic Vietnamese and Thai cuisine, strong local reputation, and loyal customer base. This is a true turnkey operation ideal for owner-operators or experienced restaurateurs looking to step into a fully equipped space with long-term lease security.The premises offer approximately 1,800 sq. ft. of functional and efficient layout designed for high-volume service. The commercial kitchen is extensively equipped with a range featuring 2 large and 7 mid-size burners, 2 wok stations, 2 deep fryers, grill/charbroiler, 4 rice cookers/steamers, 2 stock pots/soup kettles, commercial mixer and slicer, prep stations, and food warming/holding equipment. Refrigeration includes 1 reach-in fridge, 2 reach-in freezers, and a walk-in chiller. Additional features include a commercial dishwasher, stainless steel shelving, sinks and hand-washing stations, and a 19 ft commercial hood with fire suppression system.Strong lease in place: 10-year term with approximately 9.5 years remaining. Well-maintained space with established branding and operational infrastructure already in place. Suitable for continuing the existing concept or converting to another cuisine (subject to landlord approval). Excellent opportunity to acquire a ready-to-operate restaurant without the cost and time of new construction.Serious inquiries only. Financial statements and additional details available upon execution of a confidentiality agreement.
The home
- Type
- Sale of business
- Square footage
- 1950 sq ft
- Bathrooms
- 2
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- TBD
- Cross street
- Qew/Centennial Pkwy
- Neighbourhood
- Stoney Creek
More
- MLS® number
- X14117988
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
516 Centennial Parkway, Hamilton, ON L8E 0G2
Stoney Creek, Hamilton · Near Qew/Centennial Pkwy
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Listing history for 516 Centennial Parkway
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 101 - 516 Centennial Parkway
Answers come straight from this home’s MLS® listing.
How much is 101 - 516 Centennial Parkway listed for, and what would it cost each month?
101 - 516 Centennial Parkway is listed for $129,900. With 20% down ($25,980), the mortgage payment would be roughly $524 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $605 a month, all in. That figure is an illustration, not a quote.
Is 101 - 516 Centennial Parkway freehold or a condo, and is there a monthly fee?
101 - 516 Centennial Parkway is a sale of business in Stoney Creek, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 101 - 516 Centennial Parkway have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 101 - 516 Centennial Parkway?
101 - 516 Centennial Parkway is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 101 - 516 Centennial Parkway heated and cooled?
Heating is gas forced air open. Cooling is yes.
Where is 101 - 516 Centennial Parkway?
101 - 516 Centennial Parkway is in the Stoney Creek community of Hamilton. The nearest main intersection is Qew/Centennial Pkwy. The postal code is L8E 0G2.
Is 101 - 516 Centennial Parkway still for sale?
Yes. It is an active listing (MLS® X14117988). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 101 - 516 Centennial Parkway asking?
Similar properties for sale nearby right now include Unit C - 1247 Highway 8 at $129,000, 3 - 1380 South Service Road at $125,000 and 72 King Street E at $125,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 516 Centennial Parkway sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 101 - 516 Centennial Parkway?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Stoney Creek, picked by style, size and price.
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Sale of business$125,0003 - 1380 South Service Road, HamiltonFruitlandCourtesy of: CENTURY 21 MILLER REAL ESTATE LTD.View home →
Sale of business$125,00072 King Street E, HamiltonDundasCourtesy of: ROYAL LEPAGE PLATINUM REALTYView home →Courtesy of: EXECUTIVE REAL ESTATE SERVICES LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.