$529,000
22 Sandcliffe Terrace
Centrepointe, Ottawa
- 3 bd
- 3 ba
- Row / Townhouse
1 / 22
$129,000
Centrepointe, Ottawa, ON K2G6E8 · MLS® X14113792
Fantastic Turnkey Restaurant Opportunity with Endless Possibilities! Located at 261 Centrepointe Drive in Ottawa's established Centrepointe community, this fully equipped restaurant offers an excellent opportunity for entrepreneurs looking to start or expand their restaurant business. Currently operating as Dumpling? Dumpling!, the space features a beautifully designed dining area with modern décor, warm wood finishes, and comfortable seating. The functional layout includes a spacious service counter, dedicated food preparation areas, and a commercial kitchen equipped with stainless steel workstations, cooking equipment, ventilation hood, and dishwashing facilities. **The versatile layout and existing restaurant infrastructure make this space ideal for a wide variety of restaurant concepts and cuisines.** Whether you wish to continue the current dumpling business or bring your own restaurant concept to life, this space offers excellent flexibility and potential, subject to applicable approvals. Conveniently located in a commercial plaza with customer parking, surrounded by established residential neighbourhoods and local businesses. **A rare opportunity to establish your own restaurant concept without the expense and hassle of building one from scratch!** (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025. Property tax assumed at 1% of price.
Listed by Royal Lepage Integrity Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.