For saleMLS® X13469996

1499 Merivale Road, Cityview - Parkwoods Hills - Rideau Shore, ON K2E 5P3

7201 - City View/Skyline/Fisher Heights/Parkwood Hills, Cityview - Parkwoods Hills - Rideau Shore · Near Merivale Road at Clyde Avenue · View map

$420,000
Sale of businessType
Outside/SurfaceGarage
25 totalParking
$420,000
FreeholdNo monthly condo fee
Outside/Surface garage25 parking spaces in total
Lot 187.2 x 83.8 ftThe land comes with the home

About this home

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.

The home

Type
Sale of business
Lot size
187.2 x 83.8 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Property management
Wiltim Holdings Ltd.

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Yes

Garage & parking

Garage
Outside/Surface
Driveway spaces
25
Total parking
25

Taxes & other

Tax year
2025
Occupancy
Tenant
Possession
Flexible
Cross street
Merivale Road at Clyde Avenue
Neighbourhood
7201 - City View/Skyline/Fisher Heights/Parkwood Hills

More

MLS® number
X13469996

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$1,957per month, all in
  • Mortgage
  • Property tax

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.

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    1499 Merivale Road, Cityview - Parkwoods Hills - Rideau Shore, ON K2E 5P3

    7201 - City View/Skyline/Fisher Heights/Parkwood Hills, Cityview - Parkwoods Hills - Rideau Shore · Near Merivale Road at Clyde Avenue

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    Sold history

    Listing history for 1499 Merivale Road

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 1499 Merivale Road

    Answers come straight from this home’s MLS® listing.

    How much is 1499 Merivale Road listed for, and what would it cost each month?

    1499 Merivale Road is listed for $420,000. With 20% down ($84,000), the mortgage payment would be roughly $1,694 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,957 a month, all in. That figure is an illustration, not a quote.

    Is 1499 Merivale Road freehold or a condo, and is there a monthly fee?

    1499 Merivale Road is a sale of business in 7201 - City View/Skyline/Fisher Heights/Parkwood Hills, Cityview - Parkwoods Hills - Rideau Shore. 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 1499 Merivale Road have a garage and parking?

    Yes. The listing shows the garage as outside/surface. The driveway adds 25 spaces. In total the listing counts 25 parking spaces.

    What style of home is 1499 Merivale Road?

    1499 Merivale Road is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 1499 Merivale Road, and what is the lot size?

    The lot is listed as 187.2 x 83.8 ft.

    How is 1499 Merivale Road heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    Where is 1499 Merivale Road?

    1499 Merivale Road is in the 7201 - City View/Skyline/Fisher Heights/Parkwood Hills community of Cityview - Parkwoods Hills - Rideau Shore. The nearest main intersection is Merivale Road at Clyde Avenue. The postal code is K2E 5P3.

    Is 1499 Merivale Road still for sale?

    Yes. It is an active listing (MLS® X13469996). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 1499 Merivale Road asking?

    Similar properties for sale nearby right now include 205 - 30 Concourse Gate at $350,000, 1201 Meadowlands Drive E at $499,900 (3+1 bed) and 18 - 123 Corinth Private at $394,900 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 1499 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 1499 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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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