516 Centennial Parkway, Hamilton, ON

$315,000
MLS#:X13127842
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] sale of business located in the coveted neighborhood of Stoney Creek. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $315,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 459.51 x 925.42 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Convenient plaza garage included
  • equipped with ["yes"] central cooling and highly efficient gas forced air closed heating

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.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date5/13/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
Lot Size459.51 × 925.42 Feet
CountyHamilton
Annual Tax$0

Parking & Garage

Garage TypePlaza

Heating & Cooling

Heat TypeGas Forced Air Closed
Cooling["Yes"]

Features

Property Features

Community Features

Major Highway, Public Transit

Location

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516 Centennial Parkway, Hamilton, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Stoney Creek, Hamilton.

Verified Local Data
Population785,184
Median Age41.6 Yrs
Ownership69% Owners
Avg Area List Price$792,567

People & Families

Age Distribution

Household Composition

One-person households
27%
Families with children
45%
Couples without children
27%
Other households
1%

Top Ethnic Origins

English21%
Scottish17%
Irish16%
Canadian13%

Local Schools Guide

Elementary Schools

St Martin of Tours
Public60 Gray Road, Stoney Creek, Hamilton, Ontario, L8G 2X5
6.8
St Francis Xavier
Public298 Highway 8, Poplar Park, Hamilton, Ontario, L8G 1E6
7.0
Collegiate Avenue
Public49 Collegiate Avenue, Stoney Creek, Hamilton, Ontario, L8G 3L5
4.7
Memorial
Public211 Memorial Avenue, South Meadow, Hamilton, Ontario, L8G 3B2
5.4
St Agnes
Public80 Colcrest Street, Riverdale East, Hamilton, Ontario, L8E 3Y8
5.5

Secondary Schools

Cardinal Newman
Public127 Gray Road, Stoney Creek, Hamilton, Ontario, L8G 3V3
7.4
Orchard Park
Public200 Dewitt Road, Guernsey, Hamilton, Ontario, L8E 4M5
5.3
Glendale
Public145 Rainbow Drive, Corman, Hamilton, Ontario, L8K 4G1
4.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied69%
Rented31%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 516 Centennial Parkway N 4, Hamilton, ON L8E 0G2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$252,000
Monthly Mortgage$1,464
Property Tax (Est.)$0
Utilities & Maint.$350
Total Monthly Cost$1,814

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.