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For saleMLS® X13444196

75 Macdonell Street, Guelph, ON N1H 2Z7

Downtown · N1H 2Z7

$54,900

4 months on market

Lot
95.75 × 0 ft

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About this property

This Family Shawarma (Tangy Tasty) restaurant, the first of its kind in Downtown Guelph, uniquely blends spices and marinading techniques to create wholesome meals and foster strong relationships. The current owners are willing to train and transition the business to a new buyer. However, with Downtown Guelph's current gentrification and ethnic diversification, there's a palpable demand for a "Trinidadian Doubles and Roti restaurant." Local Caribbean food lovers yearn for it, and there's also a huge demand for an affordable Chinese food restaurant offering three-item meals under $15. The restaurant boasts a 10-foot wide range hood venting system, ample space for roti and doubles/paratha preparation, a steamer table, and multiple freezers. All the equipment and recipes are included, so you could be up and running quickly. The rent is affordable. This beloved savoury food destination has been serving the community for nearly 16 years, with a strong, loyal clientele known for its authentic recipes, fresh ingredients, and unmatched taste. Ideally located near nightlife hotspots, office towers, student pubs, the main transit hub, the River Run Centre, and the upcoming Conestoga College downtown campus, this restaurant offers unbeatable exposure and constant foot traffic. It's a perfect turnkey investment.

Property details

Property

Property type
business
Zoning
C3
Possession
Immediate

Interior

Heating
Other
Cooling
No

Costs

List price
$54,900
Property taxes
$624 / year (2026)

Listing

MLS® number
X13444196
Status
For sale
Listed
June 15, 2026
Days on market
143
Last updated
October 6, 2026
Listing brokerage
Coldwell Banker Neumann Real Estate

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 15% of comparable business for sale listings in Guelph are asking less.

$45KMedian $162K$389K

Based on 26 comparable active business for sale listings in Guelph. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $2,745
$2,745
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$288.37
Property tax (est.)
$52.00
Estimated monthly
$340

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$275
Total due on closing
$275

An estimate on the asking price of $54,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Coldwell Banker Neumann Real Estate. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$54,900

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