1950 Merivale Road Tanglewood - Grenfell Glen - Pineglen ON

📍 Tanglewood - Grenfell Glen - Pineglen, Ontario K2G 5T5

$249,900

Active
2BATHS

📋 Listing Highlights

StatusActive
MLS®X13456888
ListedJun 17, 2026
Days on Market
Property TypeCommercial
StyleCommercial Retail
Cross StreetMerivale Rd / Slack Rd
PossessionFlexible

📝 Listing Description

Reduced Price! 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.

🏠 Property Details

Property TypeCommercial
StyleCommercial Retail
Bathrooms2

🔧 Building & Utilities

HeatingGas Forced Air Closed
CoolingYes
GarageNone

🧮 Mortgage Calculator

$49,980
Est. Monthly Payment
$1,228/mo
Principal: $199,920 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by ROYAL LEPAGE INTEGRITY REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13456888 · Last updated: Jul 14, 2026

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