haho.ca
$499,000
For sale

645 Westmount Road East, Kitchener - Business for Sale

645 Westmount Road East, Kitchener, Ontario, N2E3S3

2,463 ft²Listed 91 days ago
Overview

This business in Kitchener is for sale offering roughly 2,463 sq ft of space.

Description

Damask Resto Market has quickly established itself as a leading destination for those seekingauthentic Middle Eastern cuisine, operating as a dynamic quick service restaurant, market, andBakery. The venue features a newly constructed space with a thoughtfully organized layout,offering dedicated service counters tailored to each aspect of the business. Guests are greetedwith comfortable indoor seating for 24, ensuring a pleasant and relaxed dining experience. Thestate-of-the-art production kitchen is outfitted with top-tier amenities, including asubstantial 16-foot commercial hood and a separate 6-foot charcoal pit complete with its ownhood, supporting a diverse and efficient culinary operation. Every leasehold, piece ofequipment, and chattel remains in pristine condition, reflecting a commitment to excellencethroughout the establishment. For the privacy and convenience of the team, please avoidvisiting the premises directly or initiating contact with staff. (id:66096)

Property Details

MLS®
X13642620
Property Type
Business
Business Type
Restaurant
Zoning
MIX-3
Interior Size
2,463 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
91 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
91d
Kitchener listings, avg age
54d
Price / ft²
$203
List price
$499K

Long Listed: 91 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.

Haho

This business in Kitchener is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by HOMELIFE/MIRACLE REALTY LTD · AJAY SHAH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2E)

This home lists at $499,000, about 5.4× the local median household income of $93,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 5% above the area median.

Median household income
$93,000
Population
40,428
Median age
36.4
Owner / renter
66% / 34%
Avg. household size
2.8

Source: Statistics Canada, 2021 Census (FSA N2E)

$499,000· $203/ft²
For sale

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Financing

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$499,000

Kitchener

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