




516 Centennial Parkway Unit 101, Hamilton, ON
L8E 0G2
Listed October 26, 2026
About this property
Exceptional opportunity to acquire a fully built-out and well-established Southeast Asian restaurant in the heart of Hamilton's vibrant Stoney Creek community. Saigon House Restaurant is known for its authentic Vietnamese and Thai cuisine, strong local reputation, and loyal customer base. This is a true turnkey operation ideal for owner-operators or experienced restaurateurs looking to step into a fully equipped space with long-term lease security.The premises offer approximately 1,800 sq. ft. of functional and efficient layout designed for high-volume service. The commercial kitchen is extensively equipped with a range featuring 2 large and 7 mid-size burners, 2 wok stations, 2 deep fryers, grill/charbroiler, 4 rice cookers/steamers, 2 stock pots/soup kettles, commercial mixer and slicer, prep stations, and food warming/holding equipment. Refrigeration includes 1 reach-in fridge, 2 reach-in freezers, and a walk-in chiller. Additional features include a commercial dishwasher, stainless steel shelving, sinks and hand-washing stations, and a 19 ft commercial hood with fire suppression system.Strong lease in place: 10-year term with approximately 9.5 years remaining. Well-maintained space with established branding and operational infrastructure already in place. Suitable for continuing the existing concept or converting to another cuisine (subject to landlord approval). Excellent opportunity to acquire a ready-to-operate restaurant without the cost and time of new construction.Serious inquiries only. Financial statements and additional details available upon execution of a confidentiality agreement.
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Cost of Ownership Calculator
What it could cost each month to own 516 Centennial Parkway Unit 101 — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$25,980 · Minimum $25,980
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Monthly costs
Estimated at about 0.8% of the price — the listing doesn't show the tax.
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One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$662/mo
About $7,944 a year
- $575
- $87
Cash needed to close
- Down payment (20%)
- $25,980
- Ontario land transfer tax
- $1,024
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $29,504
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
516 Centennial Parkway Unit 101, Hamilton, ON
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Last Updated: October 26, 2026
Listing Office: EXECUTIVE REAL ESTATE SERVICES LTD.
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