1950 Merivale Road 7, Tanglewood - Grenfell Glen - Pineglen, ON K2G 5T5
A rare opportunity to take over a well-established and highly reputable business with 14 years of proven operation! Built on a strong foundation of loyal repeat clientele and exceptional customer service, the business has earned an impressive Google rating and a strong reputation in the community.Ideally situated in a well-established residential area, with the Nepean Sportsplex and other amenities nearby, the location offers excellent visibility, accessibility, and a strong surrounding customer base. Dedicated parking directly in front of the unit adds tremendous convenience for clients.The functional layout features multiple private rooms, each with its own sink, providing flexibility for a variety of services. The unit also offers a full bathroom and a separate accessible bathroom, making the space highly practical and ready for continued operation.The real opportunity is the untapped growth potential. A new owner could expand the existing service offerings by introducing manicure, pedicure, and other complementary beauty services, creating additional revenue streams without the need for a major renovation or relocation.Established clientele. Proven track record. Outstanding online reputation. Prime location. Dedicated parking. Multiple private service rooms. Significant room to grow.A fantastic opportunity for an owner-operator or an experienced entrepreneur looking to acquire an established business and take it to the next level.
- MLS number
- X13787556
- Type
- Commercial Retail
- Status
- Active
- Bedrooms
- —
- Bathrooms
- —
- Postal code
- K2G 5T5
- Photos
- 22
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Commercial Retail
- Class
- Commercial
- Community
- 7502 - Merivale Industrial Park
- Municipality
- Tanglewood - Grenfell Glen - Pineglen
- Cross street
- Slack Road and Merivale
- Zoning
- LC[180]IG
Land
- Lot
- 361.17 × 0 feet
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
- Water
- Municipal
Listing
- MLS number
- X13787556
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-09-15
- Expires
- 2027-01-15
- Possession
- 2026-10-15
- Board
- Ottawa Real Estate Board
Listing history
No previous listings found for this address.
Where this property is
Where this address sits, matched against open government data.
Matched to the building rather than the unit — every unit in a tower shares one coordinate.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| St Monica Elementary School Ottawa CSB | Elementary | 390 m | / 10 76% met the standard |
| OCSB Achievement Centre Ottawa CSB | Secondary | 901 m | Not reported |
| St. Juan Diego Catholic Elementary School Ottawa CSB | Elementary | 944 m | / 10 78% met the standard |
| Second Nature | Elementary | 1.2 km | Not reported |
| Merivale Intermediate School Ottawa-Carleton DSB | Elementary | 2.0 km | Not reported |
| Merivale High School Ottawa-Carleton DSB | Secondary | 2.0 km | / 10 86% met the standard · 2 of 6 measures |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 395 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35060579 — the few blocks around this address, home to 395 people. It describes the area, not this property.
Percentages are of the 240 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.