516 Centennial Parkway, Hamilton, ON

$349,900
MLS#:X12787028
0 beds
2 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 $349,900 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 2 Bathrooms
  • Spacious lot size measured in Feet
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with ["yes"] central cooling and highly efficient gas forced air open heating

Exceptional opportunity to acquire a fully built-out and well-established Southeast Asian restaurant in the heart of Hamilton's vibrant Stoney Creek community. Saigon House Restaurant is known for its authentic Vietnamese and Thai cuisine, strong local reputation, and loyal customer base. This is a true turnkey operation ideal for owner-operators or experienced restaurateurs looking to step into a fully equipped space with long-term lease security.The premises offer approximately 1,800 sq. ft. of functional and efficient layout designed for high-volume service. The commercial kitchen is extensively equipped with a range featuring 2 large and 7 mid-size burners, 2 wok stations, 2 deep fryers, grill/charbroiler, 4 rice cookers/steamers, 2 stock pots/soup kettles, commercial mixer and slicer, prep stations, and food warming/holding equipment. Refrigeration includes 1 reach-in fridge, 2 reach-in freezers, and a walk-in chiller. Additional features include a commercial dishwasher, stainless steel shelving, sinks and hand-washing stations, and a 19 ft commercial hood with fire suppression system.Strong lease in place: 10-year term with approximately 9.5 years remaining. Well-maintained space with established branding and operational infrastructure already in place. Suitable for continuing the existing concept or converting to another cuisine (subject to landlord approval). Excellent opportunity to acquire a ready-to-operate restaurant without the cost and time of new construction.Serious inquiries only. Financial statements and additional details available upon execution of a confidentiality agreement.

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Key Features

Bathrooms
2
Property Type
Commercial

Additional Details

StatusActive
Listed Date2/13/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
CountyHamilton
Annual Tax$0

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
Cooling["Yes"]

Features

Property Features

Community Features

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 101, 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$279,920
Monthly Mortgage$1,626
Property Tax (Est.)$0
Utilities & Maint.$350
Total Monthly Cost$1,976

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

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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.