28 - 174 Colonnade Road
Cityview - Parkwoods Hills - Rideau Shore, ON
- 1 bath
- Sale Of Business
- 138 days on market
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.
Listing Details
- Taxes (2025)
- $6,937
- Originally Listed
- $129,000
- Listed
- April 23, 2026
Price History
Property
- Lot Size
- 194.8 x 678.01 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- take Colonnade Rd from either Merivale or Prince of Wales Dr, then look for sign 174 then for unit 28
- Zoning
- Co
- Parcel Number
- 154040028
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Restaurant
Community
Postal area K2E
- Population
- 20,172
- Private dwellings
- 8,461
- Median age
- 40
- Average household size
- 2.4
- Median household income
- $89,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Cityview - Parkwoods Hills - Rideau Shore · last 12 months
- Median sold price
- $588,500
- Homes sold
- 162
- Median days on market
- 22
- Sale-to-list price
- 97.6%
Based on 162 recorded sales of commercial properties in Cityview - Parkwoods Hills - Rideau Shore over the last 12 months.
Listed by
HOME RUN REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Annual property tax
- $6,937
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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