#101 108 Garment Street, Kitchener - Business for Sale
#101 108 Garment Street, Kitchener, Ontario, N2G0E2
Description
On the edge of downtown Kitchener, this best owned unit and Korean restaurant with famous Korean chicken at 108 Garment Street offers downtown exposures to bring many customers from Condo units and famous companies surrounded by. Google campus R & D company very closeby this restaurant! Over 1400 google employees in that centre! KPMG Company close by too!! This restaurant is inside condo unit in 1st floor! with approximately 800 condo units, unlimited customers comes!!! This is the only Korean Restaurant in this complex!!! no competition means best sales!!! Completed in 2026, the unit features a brand new appliances, huge kitchen, tables, chairs, tv's, renovated, Million dollar restaurant. This is the perfect restaurant for income making. The ION Light Rail is close to 108 Garment Street, perfect commute! very easy commute for customers! located between the Victoria Park Station and Central Station. Already busy restaurant with already great income!! Walking Distance. Water and garbages included in maintenance fee. With A Waking Score Of 90+, all the customers are rushing to this Korean restaurant for great food! So many condos surrounded and so many condo owners would come down and grab food!!!! The kitchen equipment is brand new! and costs the owner $150,000 for this high end brand new kitchen equipment! Bring your famous franchise! we will give good deal for franchised business! (id:66096)
Property Details
- MLS®
- X13457142
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Bathrooms
- 2
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 142 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 142 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 $299,000, about 4.8× the local median household income of $62,400.
Carrying it typically needs a household income of about $58,405 (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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$299,000
Kitchener