1950 Merivale Road 11, Tanglewood - Grenfell Glen - Pineglen

$319,900
1950 Merivale Road 11

$319,900

New
261d
Commercial Retail

1950 Merivale Road 11, Tanglewood - Grenfell Glen - Pineglen

Total Monthly Obligation $1,665

Beds
0
Baths
2
Park
0
DOM
261d
Property Type-Commercial Retail
MLS® Number-X12766862
Beds-0
Bathrooms-2
Listed on site-Feb 4, 2026
Building Type-Commercial Retail
Parking-None
Heating-Gas Forced Air Closed
Brokerage-ROYAL LEPAGE INTEGRITY REALTY
Cooling-Yes
Fireplace-No
Pool-None
Possession-Immediate / Flexible
Neighbourhood-7502 - Merivale Industrial Park
Title-Commercial

No agent assigned

Newly Established Persian Restaurant on Prime Merivale Road. Excellent opportunity to acquire Vasta Bread and Sandwich, a recently opened restaurant (March 2025) prominently located on busy Merivale Road, one of Ottawa's most sought-after commercial corridors. The business has quickly built a loyal following and strong reputation, boasting an impressive 4.9-star rating.The restaurant offers a diverse menu including fresh baked bread, gourmet sandwiches, BBQ and grilled plates, kebabs, rice dishes, family platters, and traditional specialties, appealing to a wide customer base for dine-in, take-out, and delivery.The unit consists of two combined spaces totalling approximately 2,200 SF (900 SF + 1,300 SF), providing flexibility for future expansion or the potential to operate two separate concepts or businesses. There are 3 years remaining on the current lease, and all equipment is owned outright with no leased equipment, making this a true turnkey operation.Featuring excellent street visibility, strong signage exposure, and steady vehicle and foot traffic, this location is surrounded by established retail, office, and residential uses. A rare opportunity to take over a newer, well-reviewed restaurant with strong growth potential in a high-traffic main-road location.

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Closing Costs

Mortgage Amount
$255,920
Land Transfer Taxes$3,274
Legal Fees (Est.)
$
Total cash required for closing$68,754

Total Monthly Obligation

$1,665/mo
Mortgage $1,290
Monthly Loss $1,326
Principal$340
Interest$951
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

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