11 - 1950 Merivale Road, Tanglewood - Grenfell Glen - Pineglen, ON K2G 5T5
7502 - Merivale Industrial Park, Tanglewood - Grenfell Glen - Pineglen · Near Merivale Rd / Slack Rd · View map
About this home
Reduced Price! 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.
The home
- Type
- Sale of business
- Square footage
- 2200 sq ft
- Bathrooms
- 2
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- Merivale Rd / Slack Rd
- Neighbourhood
- 7502 - Merivale Industrial Park
More
- MLS® number
- X13456888
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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.
1950 Merivale Road, Tanglewood - Grenfell Glen - Pineglen, ON K2G 5T5
7502 - Merivale Industrial Park, Tanglewood - Grenfell Glen - Pineglen · Near Merivale Rd / Slack Rd
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Listing history for 1950 Merivale Road
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 11 - 1950 Merivale Road
Answers come straight from this home’s MLS® listing.
How much is 11 - 1950 Merivale Road listed for, and what would it cost each month?
11 - 1950 Merivale Road is listed for $249,900. With 20% down ($49,980), the mortgage payment would be roughly $1,008 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,164 a month, all in. That figure is an illustration, not a quote.
Is 11 - 1950 Merivale Road freehold or a condo, and is there a monthly fee?
11 - 1950 Merivale Road is a sale of business in 7502 - Merivale Industrial Park, Tanglewood - Grenfell Glen - Pineglen. 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 11 - 1950 Merivale Road 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 11 - 1950 Merivale Road?
11 - 1950 Merivale Road is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 11 - 1950 Merivale Road heated and cooled?
Heating is gas forced air closed. Cooling is yes.
Where is 11 - 1950 Merivale Road?
11 - 1950 Merivale Road is in the 7502 - Merivale Industrial Park community of Tanglewood - Grenfell Glen - Pineglen. The nearest main intersection is Merivale Rd / Slack Rd. The postal code is K2G 5T5.
Is 11 - 1950 Merivale Road still for sale?
Yes. It is an active listing (MLS® X13456888). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 11 - 1950 Merivale Road asking?
Similar properties for sale nearby right now include 7 - 1950 Merivale Road at $99,000 and D - 32 Benlea Drive at $318,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1950 Merivale Road 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 11 - 1950 Merivale Road?
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 7502 - Merivale Industrial Park, picked by style, size and price.
Sale of business$99,0007 - 1950 Merivale Road, Tanglewood - Grenfell Glen - Pineglen2 bath · 7502 - Merivale Industrial ParkCourtesy of: ROYAL LEPAGE TEAM REALTYView home →
Condo townhouse$318,900D - 32 Benlea Drive, Tanglewood - Grenfell Glen - Pineglen3 bed · 2 bath · 7505 - PineglenCourtesy of: EXP REALTYView home →Courtesy of: ROYAL LEPAGE INTEGRITY REALTY
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.