1499 Merivale Road
Cityview - Parkwoods Hills - Rideau Shore, ON
- Sale Of Business
- 86 days on market
Ng's Cuisine has been a fixture in Ottawa for over 22 years and can now be yours! An amazing restaurant opportunity!The premises feature a large and functional layout, 2,300 sq. ft with a bright, open licensed dining space with seating for 110patrons, served by a fully-equipped, spacious commercial kitchen designed for high-volume service. Another 900 sq. ft.is available in the lower level for private dining service. Ample storage is available, along a prep kitchen, 2 walk-in freezers, 1 walk-in cooler, live seafood tanks in the basement. This listing price includes all existing fixtures, equipment, goodwill,transfer of liquor licence, leasehold improvement, and remaining inventory on closing to ensure a truly turn-keyoperation from day one. Situated in a prime location with heavy vehicular traffic, close to other retailers, groceries andresidential hubs. 25 parking spaces available. Full details, inventory list, and lease terms available to qualified buyers.
Listing Details
- Listed
- June 18, 2026
Price History
Property
- Lot Size
- 187.19 x 83.77 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Merivale Road at Clyde Avenue
- Zoning
- AM10
- Parcel Number
- 046850037
- Possession
- Flexible
- Occupancy
- Tenant
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
- $587,000
- Homes sold
- 165
- Median days on market
- 22
- Sale-to-list price
- 97.7%
Based on 165 recorded sales of commercial properties in Cityview - Parkwoods Hills - Rideau Shore over the last 12 months.
Listed by
CENTURY 21 KENNECT REALTY
Walk Score
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