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1 Bath Commercial Property in Meadowlands - Crestview and Area
Unit A01010A at 1642 Merivale Road
Established specialty vape retail business for sale at Merivale Mall, 1642 Merivale Rd, a busy community shopping centre anchored by Farm Boy, Marshalls, Shoppers Drug Mart and Sport Chek, alongside CIBC, TD, Planet Fitness and a strong mix of daily-needs retailers. Now into its third year and profitable, this compact, turnkey operation is well suited to an owner-operator, a small family business or a lean team. The store keeps regular mall hours, with the busiest sales from late morning through evening, and can be managed by one team member at a time. The premises are an approx. 319 sq ft unit within an established shopping centre with ample on-site parking. The ten-year lease began in 2024 and runs to approx. 2034, plus one 5-year option to extend, providing long-term security of tenure. Subject to conditions, the lease includes a tenant early-termination right after year five if the sale of the store's principal products becomes unlawful due to a change in Ontario legislation. Leasehold improvements, fixtures and equipment are in place. Inventory is not included in the list price; it is to be purchased in addition, based on a count taken the evening before closing. Buyer to assume the existing lease, subject to landlord approval, and to pay any administrative or transfer fees charged by the landlord. Buyer to assume, or apply for at its own cost, all licences, permits and registrations required to operate the business, including specialty vape store registration with Ottawa Public Health. The lease, financial statements and further details are available to qualified buyers upon signing a confidentiality agreement. Please do not approach staff or the business directly.
Meadowlands - Crestview and Area business priced at $149,000 — book a tour to see if it fits your search.
Inside 1642 Merivale Rd #A01010A
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
1642 Merivale Rd #A01010A Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14095096$149,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1642 Merivale Rd #A01010A Compares to the Meadowlands - Crestview and Area Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Meadowlands - Crestview and Area market, last 90 days
Median sold price
$775,000
Average sold price
$843,259
Average days on market
28
Homes sold
27
Closed sales on the TRREB MLS®.
Living in Meadowlands - Crestview and Area: Location & Amenities
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From 1642 Merivale Rd #A01010A. Typical times without traffic delays; transit times aren't available yet.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 1642 Merivale Rd #A01010A
Market pulse · Meadowlands - Crestview and Area
Median sold price$775,000Last 90 days
Average days on market28Homes sold in about 28 days on average.
Sale-to-list ratio97.9%On average, homes sold below asking.
Active listings29Homes for sale here right now.
Median vs prior 90 days+10.0%Compared with May 3 – Aug 1, 2026: prices up.
Based on 27 sales from Aug 1 – Oct 30, 2026 (26 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1642 Merivale Rd #A01010A
How much is 1642 Merivale Rd #A01010A listed for?
1642 Merivale Rd #A01010A is listed at $149,000 (MLS® X14095096). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1642 Merivale Rd #A01010A changed?
No — 1642 Merivale Rd #A01010A is still listed at its original asking price of $149,000.
How many bedrooms and bathrooms does 1642 Merivale Rd #A01010A have?
1642 Merivale Rd #A01010A has 1 bathroom. It is a commercial property in Meadowlands - Crestview and Area.
How does 1642 Merivale Rd #A01010A compare with other homes in Meadowlands - Crestview and Area?
Its asking price of $149,000 is about 81% below the median sold price in Meadowlands - Crestview and Area over the last 90 days, $775,000, across 27 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1642 Merivale Rd #A01010A been sold before?
Summitly has no earlier MLS® sale or lease of 1642 Merivale Rd #A01010A on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1642 Merivale Rd #A01010A?
1642 Merivale Rd #A01010A is in Meadowlands - Crestview and Area, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1642 Merivale Rd #A01010A been on the market?
11 days — 1642 Merivale Rd #A01010A was listed on October 19, 2026.
What is the land transfer tax on 1642 Merivale Rd #A01010A?
About $1,215 in Ontario land transfer tax at the asking price of $149,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 1642 Merivale Rd #A01010A or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 1642 Merivale Rd #A01010A?
The listing for 1642 Merivale Rd #A01010A doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Meadowlands - Crestview and Area.
When was 1642 Merivale Rd #A01010A built?
The listing for 1642 Merivale Rd #A01010A doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
