Rare Low-Rent Commercial Opportunity! Only $890/month, with approximately 3 years remaining on the lease plus priority renewal rights. A rental rate like this is extremely rare in the city! Features a professionally installed 12-ft commercial kitchen hoodfan system, suitable for a wide range of food-service, restaurant, takeout, or delivery operations. Outdoor seasonal patio space also available. Located in the same plaza as FM 89.9, surrounded by office buildings, senior living facilities, and established residential communities. Excellent potential for takeout and delivery, with coverage into Barrhaven, Riverside South, Merivale, and other densely populated areas. Low rent, long lease term, commercial kitchen infrastructure, outdoor space, PLENTY of PARKING SPACES and a strong surrounding market-an opportunity not to be missed! (id:28469)
Business
Business Type
Restaurant
Business Sub Type
Restaurant/pub
Facts & features
Property
MLS® Number
X13829318
Property Type
Business
Community Name
7401 - Rideau Heights/Industrial Park
Building
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Utility Water
Municipal Water
Land
Acreage
No
Zoning Description
Commercial/mixed Use
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$434/mo
Ontario land transfer tax
$705 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $705 back on land transfer tax.