45 MUNRO Street
909 - Carleton Place, Carleton Place, K7C 1H6
$119,000
Listed 51 days ago · MLS® X13725762
About this home
BUSINESS FOR SALE! Well-established and popular Asian fusion restaurant located in the heart of Downtown Carleton Place, situated on a prominent corner lot near Highway 7 with excellent visibility and strong exposure to passing traffic. The property features an approximately 81' x 218' lot (0.398 acres) and a 1,300 sq. ft. commercial building.The sale includes a successful, turnkey restaurant operation with an established customer base and strong presence in the local community. All restaurant equipment, signage and displays are included, providing an excellent opportunity for a new owner to take over and continue the existing operation. Comprehensive training can be provided to facilitate a smooth transition.Ideal for an owner-operator or entrepreneur looking to acquire an established restaurant business in a high-visibility location. A signed Confidentiality Agreement is required before any financial information regarding the business will be released. Please do not approach or communicate with the restaurant's employees directly. Lease Term: The parties agree to a flexible lease term of 3 to 5 years, with the final term to be mutually agreed upon and documented in the lease agreement. Rent: The monthly rent for the first year shall be $3,000.00 per month, subject to an annual rent increase as agreed upon by the parties. Property Taxes, Insurance and Utilities: The TENANT shall be responsible for payment of all property taxes, property insurance, and all utilities and services associated with the property throughout the term of the lease. Repairs and Maintenance: The LANDLORD shall be responsible for major structural and exterior repairs to the property, including, but not limited to, the roof, foundation, and exterior walls. All other routine repairs, maintenance, upkeep, and operating costs related to the property shall be the responsibility of the TENANT.
Details
- Type
- Sale Of Business
- Lot
- 81.44 × 218.02 ft
- Garage
- None
- Property tax
- $11,000 (2026)
- Neighbourhood
- 909 - Carleton Place
- Municipality
- Carleton Place
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Air conditioning
- Yes
Building and exterior
- Building area
- 17,319 Square Feet
More
- Possession
- Flexible
- Cross street
- From Hwy 7, Turn right onto Franktown Rd, Continue onto Moore St, Turn right onto Munro St.
- Business type
- Restaurant
History of this address
1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 1 grocery store, 15 cafés and restaurants, 7 parks, 4 pharmacies. Nearest grocery: FreshCo (350 m). Nearest park: Carleton Junction Park (250 m).
Schools nearby
Elementary
- St. Mary's Catholic School Catholic
EQAO: Gr 6 reading 78%, math 26%9 min walk - Caldwell Street Public School
EQAO: Gr 6 reading 94%, math 67%9 min walk - Arklan Community Public School
EQAO: Gr 6 reading 76%, math 64%15 min walk - St. Gregory Catholic School Catholic
EQAO: Gr 3 reading 82%, math 62%1.3 km
Secondary
- Carleton Place High Scool
EQAO: Gr 9 math 49%, literacy test 88%13 min walk - TR Leger School - Carleton Place1.2 km
- Notre Dame Catholic High School Catholic1.7 km
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 K7C
- Owners / renters
- 79% / 21%
- Median household income
- $99,000
- Average age
- 43
- Children under 15
- 17%
- Homes
- 68% detached
- Commute by transit
- 1%
- Population
- 20,382
Languages spoken most at home besides English: Arabic 0.2%, Spanish 0.1%, Russian 0.1%, Portuguese 0.1%.
Safety
Crime Severity Index for Lanark County (Carleton Place) (OPP): 55 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
To downtown Ottawa: 47 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
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.