174 Colonnade Road 28
7203 - Merivale Industrial Park/Citiplace, Cityview - Parkwoods Hills - Rideau Shore, K2E 7J5
$109,800
Reduced $19,200 from $129,000
- 1 bathrooms
Listed 181 days ago · MLS® X13033562
About this home
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.
Details
- Type
- Sale Of Business
- Lot
- 194.8 × 678.01 ft
- Garage
- None
- Property tax
- $6,937 (2025)
- Neighbourhood
- 7203 - Merivale Industrial Park/Citiplace
- Municipality
- Cityview - Parkwoods Hills - Rideau Shore
Interior
- Bathrooms
- 1 × bathroom
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Air conditioning
- Yes
More
- Possession
- Flexible
- Cross street
- take Colonnade Rd from either Merivale or Prince of Wales Dr, then look for sign 174 then for unit 28
- Business type
- Restaurant
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Somewhat walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: no grocery stores, 9 cafés and restaurants, 5 parks, 1 pharmacy. Nearest park: Nepean Creek Park (500 m).
Schools nearby
Elementary
- Century Public School13 min walk
- École élémentaire catholique Laurier-Carrière Catholic · French
EQAO: Gr 6 reading 88%, math 60%17 min walk - Sir Winston Churchill Public School
EQAO: Gr 6 reading 91%, math 61%1.8 km - Meadowlands Public School
EQAO: Gr 6 reading 71%, math 35%1.8 km
Secondary
- Redeemer Christian High School Private8 min walk
- École secondaire publique Omer-Deslauriers French14 min walk
- Merivale High School
EQAO: Gr 9 math 75%, literacy test 96%17 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area K2E
- Owners / renters
- 56% / 44%
- Median household income
- $89,000
- Average age
- 43
- Children under 15
- 16%
- Homes
- 42% detached, 24% high-rise
- Commute by transit
- 14%
- Population
- 20,172
Languages spoken most at home besides English: Arabic 4.5%, Italian 1.3%, Mandarin 1.3%, Somali 1.2%.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).
Living here
Commute
To downtown Ottawa: 9 km. Transit times · Driving times
Noise 2 sources nearby
- 🚆 Rail line (CN Beachburg Subdivision)200 m
- ✈️ In line with a Macdonald-Cartier runway2.8 km
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by HOME RUN REALTY INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.