516 Centennial Pkwy N #4 is a business in Hamilton, listed for $225,000.
1An excellent opportunity to acquire a well-established Mediterranean restaurant located at 516 Centennial Parkway N, Hamilton in the highly desirable Stoney Creek area.
2The location enjoys strong and consistent sales along with an impressive 4.5-star Google rating, reflecting its loyal customer base and strong brand presence.
3Favorable lease terms with 5 years remaining and two renewal options of 4 years each.
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Commercial Property in Hamilton
Unit 4 at 516 Centennial Parkway North
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.
Hamilton business priced at $225,000 — book a tour to see if it fits your search.
Inside 516 Centennial Pkwy N #4
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
516 Centennial Pkwy N #4 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
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From 516 Centennial Pkwy N #4. 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.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings2,518Homes for sale here right now.
Median vs prior 90 days−3.1%Compared with May 3 – Aug 1, 2026: prices down.
Based on 1,786 sales from Aug 1 – Oct 30, 2026 (1,536 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
516 Centennial Pkwy N #4 is listed at $225,000 (MLS® X13420542). Summitly updates the price as soon as the MLS® record changes.
Has the price of 516 Centennial Pkwy N #4 changed?
Yes — it was first listed at $299,000 and is now $225,000, a drop of $74,000 (24.7%).
How many bedrooms and bathrooms does 516 Centennial Pkwy N #4 have?
The listing for 516 Centennial Pkwy N #4 doesn't publish its bedroom and bathroom count. It is a commercial property in Hamilton.
Is 516 Centennial Pkwy N #4 close to transit?
The nearest rapid-transit station is Confederation GO Station (Lakeshore West GO), about 280 m (about a 4-minute walk) in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 516 Centennial Pkwy N #4 compare with other homes in Hamilton?
Its asking price of $225,000 is about 67% below the median sold price in Hamilton over the last 90 days, $673,000, across 1,786 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 516 Centennial Pkwy N #4 been sold before?
Summitly has no earlier MLS® sale or lease of 516 Centennial Pkwy N #4 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 516 Centennial Pkwy N #4?
516 Centennial Pkwy N #4 is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 516 Centennial Pkwy N #4 been on the market?
143 days — 516 Centennial Pkwy N #4 was listed on June 9, 2026.
What is the land transfer tax on 516 Centennial Pkwy N #4?
About $1,975 in Ontario land transfer tax at the asking price of $225,000. 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 516 Centennial Pkwy N #4 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 516 Centennial Pkwy N #4?
The listing for 516 Centennial Pkwy N #4 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Hamilton.
When was 516 Centennial Pkwy N #4 built?
The listing for 516 Centennial Pkwy N #4 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
