Salehian.com 647-325-5000

575 River Glen Boulevard 2

1015 - RO River Oaks, Oakville, L6H 6X6

$188,000

Reduced $101,000 from $289,000

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Listed 91 days ago · MLS® W13589202

About this home

Great location in Oakville! Family owned and operated Restaurant for many years. Stable income. Low Rent (4780 including TMI) and Low monthly expenses. It has 1247 Sqft of space, with full hooded kitchen and washrooms. The restaurant can easily seat 40 people. Plaza with ample parking spaces. Easy delivery access and garbage disposal. Situated in a nice family neighbourhood in Oakville and quite centrally located. Options to get new lease with 10 year options (currently it is at 1+5 years). Owners are taking a break and you can take over this profitable business or convert it into something of your own. All Fire Code Inspection related items upgraded this year. LLBO is also available. (Please do not speak to owners or employees without appointments).

Details

Type
Sale Of Business
Garage
Plaza
Property tax
$12 (2026)
Neighbourhood
1015 - RO River Oaks
Municipality
Oakville

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes

Building and exterior

Building area
1,247 Square Feet

More

Possession
Flexible
Cross street
Neyagawa Blvd and River Glen Blvd
Business type
Restaurant

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

  • 🚆 Bronte GO5.0 km

Within a 10-minute walk: 2 grocery stores, 7 cafés and restaurants, 3 parks, 2 pharmacies. Nearest grocery: Food Basics (600 m). Nearest park: Neyagawa Park (200 m).

Schools nearby

Elementary

  • Our Lady of Peace Catholic Elementary School Catholic
    EQAO: Gr 6 reading 95%, math 73%    9 min walk
  • St. Teresa of Calcutta Catholic Elementary School Catholic
    EQAO: Gr 6 reading 85%, math 44%    18 min walk
  • River Oaks Public School
    EQAO: Gr 6 reading 72%, math 48%    1.3 km
  • Oodenawi Public School
    EQAO: Gr 6 reading 96%, math 78%    1.3 km

Secondary

  • Holy Trinity Catholic Secondary School Catholic
    EQAO: Gr 9 math 69%, literacy test 88%    1.6 km
  • St. Ignatius of Loyola Catholic Secondary School Catholic
    EQAO: Gr 9 math 78%, literacy test 84%    1.9 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 L6H

Owners / renters
77% / 23%
Median household income
$123,000
Average age
40
Children under 15
18%
Homes
53% detached, 12% high-rise
Commute by transit
7%
Population
72,662

Languages spoken most at home besides English: Mandarin 6.6%, Arabic 2%, Urdu 1.7%, Spanish 1.2%.

Safety

Crime Severity Index for Halton Region (Oakville/Burlington) police: 31 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 Union Station (downtown Toronto): 35 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 ROYAL LEPAGE REAL ESTATE SERVICES SUCCESS TEAM.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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