4 - 516 Centennial Parkway N, Hamilton, ON L8E 0G2
Stoney Creek, Hamilton · Near QEW/CENTENNIAL PKWY · View map
About this home
An excellent opportunity to acquire a well-established Mediterranean restaurant located at 516 Centennial Parkway N, Hamilton in the highly desirable Stoney Creek area. Strategically situated in a busy Smart Centre plaza anchored by major tenants including Walmart, McDonalds, Five Guys, Shoeless Joes, South Indian restaurant, Dollar Store, Healthy planet and other strong retailers, ensuring high foot traffic and excellent visibility . This modern restaurant is only 3 years old, featuring well-maintained equipment and leasehold improvements, and operates as a fully turnkey business. The location enjoys strong and consistent sales along with an impressive 4.5-star Google rating, reflecting its loyal customer base and strong brand presence. Ideal opportunity for owner-operators, family operators, or investors looking to step into an established franchise with growth potential. Attractive price point with significant opportunity to further increase revenue through extended hours, catering, and delivery platforms. Favorable lease terms with 5 years remaining and two renewal options of 4 years each. Low rent of $5,063.50 plus TMI. Do not miss this chance to own a successful Mediterranean restaurant in a high-traffic retail plaza.
The home
- Type
- Sale of business
- Square footage
- 1599 sq ft
- Lot size
- 459.5 x 925.4 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Garage
- Plaza
- Total parking
- None
Taxes & other
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- QEW/CENTENNIAL PKWY
- Neighbourhood
- Stoney Creek
More
- MLS® number
- X13420542
No matching details. Ask Will instead
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
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
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.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 4 - 516 Centennial Parkway N
Answers come straight from this home’s MLS® listing.
How much is 4 - 516 Centennial Parkway N listed for, and what would it cost each month?
4 - 516 Centennial Parkway N is listed for $225,000. With 20% down ($45,000), the mortgage payment would be roughly $908 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,048 a month, all in. That figure is an illustration, not a quote.
Is 4 - 516 Centennial Parkway N freehold or a condo, and is there a monthly fee?
4 - 516 Centennial Parkway N 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 4 - 516 Centennial Parkway N have a garage and parking?
Yes. The listing shows the garage as plaza. The listing does not include a parking space.
What style of home is 4 - 516 Centennial Parkway N?
4 - 516 Centennial Parkway N is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 4 - 516 Centennial Parkway N, and what is the lot size?
The lot is listed as 459.5 x 925.4 ft.
How is 4 - 516 Centennial Parkway N heated and cooled?
Heating is gas forced air closed. Cooling is yes.
Where is 4 - 516 Centennial Parkway N?
4 - 516 Centennial Parkway N is in the Stoney Creek community of Hamilton. The nearest main intersection is QEW/CENTENNIAL PKWY. The postal code is L8E 0G2.
Is 4 - 516 Centennial Parkway N still for sale?
Yes. It is an active listing (MLS® X13420542). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 4 - 516 Centennial Parkway N asking?
Similar properties for sale nearby right now include 81 King Street at $229,000, B - 104 Cannon Street E at $249,000 and 1654 Wilson Street W at $249,000. 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 4 - 516 Centennial Parkway N?
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.
Sale of business$229,00081 King Street, Hamilton2 bath · Stoney CreekCourtesy of: REON HOMES REALTY INC.View home →
Sale of business$249,000B - 104 Cannon Street E, HamiltonBeasleyCourtesy of: ROYAL LEPAGE TERRA REALTYView home →
Sale of business$249,0001654 Wilson Street W, HamiltonJerseyvilleCourtesy of: RE/MAX REAL ESTATE CENTRE INC.View home →Courtesy of: RE/MAX REAL ESTATE CENTRE INC.
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.