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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 142 daysPrice drop · $36,000 off (-7.4%)

    Unit # 2 — 40 Centennial Parkway N

    Riverdale·Hamilton, ON·L8E 1H6·Near Queenston Rd/ Centennial Pkwy

    • 1725 sqft
    Hamilton real estate›X12736480
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Prime location ! In the Heart of Hamilton ,High-traffic marinated meats and ready-to-eat restaurant in Hamilton! This well-established business offers over 1,700 sq. ft. of clean, professionally maintained commercial space and one of the best restaurant & meat shop unique niche with strong demand in Hamilton In addition to its specialty meats, it also serves high-quality ready-to-eat meals, attracting a loyal customer base, The restaurant is strategically located right off the QEW, across from a busy mall with excellent visibility and foot traffic, and with the upcoming LRT line set to pass directly through the mall parking lot, the location is truly future-proof with projected growth in footfall. The space comes fully equipped with two bathrooms, a custom-built walk-in freezer and refrigerator, meat cutter and grinder, two custom deli display fridges, as well as a back office complete with desk, computer, monitor, and printer. With ample parking and prominent signage exposure, the business is turnkey and revenue-ready from Day 1. Buyers have full flexibility to take over with or without the franchise brand, and the layout allows easy conversion into a full dine-in restaurant, catering kitchen, or even a hybrid fusion concept. Offering excellent growth potential through catering, delivery, and dine-in services, this opportunity is perfect for entrepreneurs looking to step into a proven and scalable food business. Very Good Google Rating as well , A must see Business for restaurant lovers.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 17, 2026Price reducedCurrentReduced$449,000−$36,000 (7.4%)X12736480This page
    Jan 27, 2026ListedCurrentFor sale$485,000 —X12736480This page
    Sep 3, 2025Previously listedTer$499,000 —X12377705View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      3
      Heating
      Gas Forced Air Closed
      Air conditioning
      Yes
      Water source
      Municipal
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit # 2 — 40 Centennial Parkway N
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,206
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $247
    0.66% mill rate · ON
    The market

    How this home sits in the Hamilton market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Hamilton market right now

    Average sold price, days on market, and closed-transaction count for Hamilton — sourced from MLS®.

    • Avg sold price
      $770,776
      Last 30 days
    • Median sold price
      $698,000
      Middle of the market
    • Days on market
      35 d
      Avg from list to close
    • Closed last 30d
      1,426
      MLS® transactions
    Full Hamilton market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit # 2 — 40 Centennial Parkway N — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit # 2 — 40 Centennial Parkway N and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit # 2 — 40 Centennial Parkway N listed for?

      Unit # 2 — 40 Centennial Parkway N is listed at $449,000 on the MLS® (listing X12736480). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit # 2 — 40 Centennial Parkway N have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. Sale Of Business
  2. Asking
    $449,000
    $260 / sqft · MLS® X12736480
    Chat Zara
  3. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $770,776
    $709,114Confidence range$832,438
    Asking vs estimate
    ↓below
    −$321,776
    (-41.7%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Hamilton sell in about 35 days — this one has been listed 142 days.

    Avg sold price
    $770,776
    Median sold
    $698,000
    Avg days on market
    35
    Recently sold
    1426
    See comparable sales
    AI highlights by Zara
    • In the Heart of Hamilton ,High-traffic marinated meats and ready-to-eat restaurant in Hamilton!
    • With ample parking and prominent signage exposure, the business is turnkey and revenue-ready from Day 1.
    • Buyers have full flexibility to take over with or without the franchise brand, and the layout allows easy conversion into a full dine-in restaurant, catering kitchen, or even a hybrid fusion concept.
    • Very Good Google Rating as well , A must see Business for restaurant lovers.
    Ask Zara a follow-up

    Parking & garage

    1
    Garage
    None
  4. Lot & land

    1
    Zoning
    commercial
  5. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Without Property
    Property class
    Sale Of Business
  6. Combined estimate
    $2,453
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,206
    /mo
    based on the purchase price of $449,000
    $89,800 cash
    $359,200 financed
    $302,541 total interest
    Monthly payment$2,206/ month
    Principal54%$359,200
    Interest46%$302,541

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

    More sale of businesss in Hamilton

    Active listings within ±20% of this asking price.

    • 1146 Wilson Street
      $389,000
      1146 Wilson Street
      Sale Of Business
    • 1508 Upper James Street
      $385,000
      1508 Upper James Street
      Sale Of Business
    • 210 Mohawk Road
      $399,000
      210 Mohawk Road
      Sale Of Business
    • 2200 Rymal Road
      $489,000
      2200 Rymal Road
      Sale Of Business
    • 1356 S Service Road
      $450,000
      1356 S Service Road
      Sale Of Business
    • 1040 Garner Road
      $499,999
      1040 Garner Road
      Sale Of Business 2
  7. AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  8. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  9. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  10. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  11. Public listing courtesy of CENTURY 21 PEOPLE`S CHOICE REALTY INC. · displayed on Summitly per MLS® data-share rules

    Unit # 2 — 40 Centennial Parkway N is a 1725 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  12. When was Unit # 2 — 40 Centennial Parkway N built?

    The year built for Unit # 2 — 40 Centennial Parkway N isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  13. What is the property tax for Unit # 2 — 40 Centennial Parkway N?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit # 2 — 40 Centennial Parkway N plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  14. How much would the monthly mortgage be on Unit # 2 — 40 Centennial Parkway N?

    The affordability calculator on this page shows an estimated monthly mortgage for $449,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  15. Has Unit # 2 — 40 Centennial Parkway N been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit # 2 — 40 Centennial Parkway N with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  16. What neighbourhood is Unit # 2 — 40 Centennial Parkway N in?

    Unit # 2 — 40 Centennial Parkway N is in Riverdale, Hamilton. The 'Neighbourhood' section below links to the live Hamilton real estate hub with average sold price, days on market, and current inventory.

  17. Is Hamilton a good place to live?

    Hamilton is one of ON's actively-tracked Summitly markets. The full Hamilton real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.