Home ›Listings ›Hamilton ›X13420542

516 Centennial Parkway Hamilton ON

📍 Hamilton, Ontario L8E 0G2

$299,000

Active
459.51×925.42LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13420542
ListedJun 9, 2026
Days on Market—
Property TypeCommercial
StyleSale Of Business
Cross StreetQEW/CENTENNIAL PKWY

📝 Listing Description

An excellent opportunity to acquire a well-established Mediterranean restaurant located at 516 Centennial Parkway N, Hamilton in the highly desirable Stoney Creek area. Strategically situated in a busy Smart Centre plaza anchored by major tenants including Walmart, McDonalds, Five Guys, Shoeless Joes, South Indian restaurant, Dollar Store, Healthy planet and other strong retailers, ensuring high foot traffic and excellent visibility . This modern restaurant is only 3 years old, featuring well-maintained equipment and leasehold improvements, and operates as a fully turnkey business. The location enjoys strong and consistent sales along with an impressive 4.5-star Google rating, reflecting its loyal customer base and strong brand presence. Ideal opportunity for owner-operators, family operators, or investors looking to step into an established franchise with growth potential. Attractive price point with significant opportunity to further increase revenue through extended hours, catering, and delivery platforms. Favorable lease terms with 5 years remaining and two renewal options of 4 years each. Low rent of $5,063.50 plus TMI. Do not miss this chance to own a successful Mediterranean restaurant in a high-traffic retail plaza.

🏠 Property Details

Property TypeCommercial
StyleSale Of Business

📐 Lot & Land

Lot Width459.51 ft
Lot Depth925.42 ft
Cross StreetQEW/CENTENNIAL PKWY

🔧 Building & Utilities

HeatingGas Forced Air Closed
CoolingYes
GaragePlaza

🧮 Mortgage Calculator

$59,800
Est. Monthly Payment
$1,469/mo
Principal: $239,200 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by RE/MAX REAL ESTATE CENTRE INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13420542 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.