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Edmonton · Retail · under $550,000. Alerts only send when there are new or meaningfully updated matching homes.
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This is your opportunity to obtain a well established, turn key restaurant business! This restaurant has been operating sucessfully for over 12 years on the busy road of Gateway Boulevard, building a loyal customer base for its Vietnamese and Japanese cuisine.At over 3300sqft and seating over 100, this resturant has been beautifully designed for social media worthy photos. You will find that it features several private rooms for reserved dining. It has also been upgraded recently with a new speaker system throughout the premises. Open seven days a week, this turnkey operation offers consistent revenue, established systems, and experienced staff in place. The well-maintained premises provide an excellent dining experience for customers while offering a seamless transition for a new owner.Whether you are an experienced restaurateur looking to expand your portfolio or an entrepreneur seeking a proven business opportunity, this thriving restaurant presents significant value in a highly desirable location. Opportunities to acquire long-standing, successful restaurants in such a prominent location are rare.Business is still operating, please do not approach staff. Contact listing agent for questions or to book a showing. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 22, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.