30 ONTARIO Street South, Kitchener - Business for Sale
30 ONTARIO Street South, Kitchener, Ontario, N2G1X2
Description
BUSINESS ONLY SALE ON A LEASED PROPERTY IN A WELL SOUGHT AREA. EXCELLENT LOCATION, GREAT EXPOSURE and RARE OPPRTUNITY TO RUN FOOD STORE BUSINESS, SUCH AS CARETERIA AND RESTAURANT/ BAR, AT 30 ONTARIO STREET S, KITCHENER! THIS PRIME INVESTMENT OPPORTUNITY HAS STRONG STREET EXPOSURE GIVING IT HIGH VISIBILITY AND ATTRACTION FOR RETAIL OPERATION. SOME FEATURES INCLUDE ESTABLISHED CLIENT BASE, ACCESSIBLE FROM MAJOR ROADS, HIGHWAYS AND PUBLIC TRANSPORTS, AT THE CORE OF KITCHENER VIBRANT DOWNTOWN AREA, AND MANY MORE. SUCH OPPORTUNITIES COME RARELY AND DO NOT LAST LONG. CONTACT LISTING AGENT FOR MORE INFORMATION ABOUT THIS GREAT INVESTMENT OPPORTUNITY BEFORE IT IS GONE. (id:66096)
Property Details
- MLS®
- 40846546
- Property Type
- Business
- Basement
- None
- Listed
- 118 days ago
Market Timing
Long Listed: 118 days on market, against an average age of 54 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N2G)
This home lists at $180,000, about 2.9× the local median household income of $62,400.
Carrying it typically needs a household income of about $35,160 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $62,400
- Population
- 14,580
- Median age
- 38
- Owner / renter
- 31% / 69%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA N2G)
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$180,000
Kitchener