The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Seize a fantastic opportunity to take over a fully equipped, highly adaptable restaurant space in a prime Ottawa South location at 3310 McCarthy Road. Surrounded by a dense residential neighborhood and established commercial plazas, this location benefits from strong daily foot traffic, consistent vehicle visibility, and a highly loyal local customer base.This meticulously designed space is truly turnkey and optimally configured for authentic Mediterranean and Middle Eastern culinary concepts. The front-of-house offers a versatile layout that can effortlessly transition from a fast-paced daytime shawarma takeout operation to a warm, inviting evening destination perfectly suited for a relaxed Turkish and tapas dining experience. With ample seating, modern fixtures, and a welcoming ambiance, the dining room requires no extensive remodeling to start generating revenue.The true value lies in the heavy-duty, back-of-house infrastructure. The pristine commercial kitchen is built for high-volume production, featuring a massive commercial exhaust hood fully capable of handling multiple vertical shawarma broilers, charcoal kebab grills, and heavy cooking equipment. It comes complete with ample stainless steel prep stations, deep fryers, a commercial dishwashing station, and dedicated walk-in refrigeration to support high-turnover menus and large catering orders.Avoid the massive capital expenditure, permit delays, and construction headaches associated with building a restaurant from scratch. This space offers excellent signage opportunities, abundant free customer parking, and accessible washrooms. Whether your vision is to dominate the local quick-service shawarma market or establish a vibrant sit-down Turkish destination, this space provides the perfect foundation.Step in, fire up the grills, and open your doors immediately.
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Estimated Rental Income
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The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$39,865/mo
Mortgage (principal + interest)$464
Property taxFrom listing: $472,808/yr$39,401
Minimum $6,200 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$24,800
Ontario land transfer taxProvincial brackets, no first-time refund$965
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$28,565
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hunt Club - Windsor Park Village and Area has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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