haho.ca
$159,000
For sale

#2 4293 KING Street East, Kitchener - Business for Sale

#2 4293 KING Street East, Kitchener, Ontario, N2P2E9

Listed 21 days ago
Overview

This business in Kitchener is for sale. It has been on the market 21 days, fresher than the Kitchener average of 53 days.

Description

GINO'S PIZZA Business in Kitchener, ON is For Sale. Located at 4293 King St E in a busy, high-traffic commercial area with excellent visibility and exposure. Surrounded by established residential neighbourhoods, hotels, offices, retail stores, restaurants, and major amenities, with convenient access to Highway 401. Excellent pizza business in a prime location with strong potential to grow sales even further. Great opportunity for an owner-operator or investor. Rent:5720.56 + HST, Sqft: 1300, Sales: $34000-$38000/Monthly, Royalty & Advertisement: $400 & $250/ Weekly. (id:66096)

Property Details

MLS®
40871585
Property Type
Business
Zoning
C3
Basement
None
Listed
21 days ago

Market Timing

Days on market
21d
Kitchener listings, avg age
53d
List price
$159K

Active: 21 days on market, against an average age of 53 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 has been listed for 21 days, which is 32 days fresher than the city average of 53. Act while there is still low competition.

Listed by HOMELIFE MIRACLE REALTY LTD · Dev Shah

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2P)

This home lists at $159,000, about 1.4× the local median household income of $110,000.

Carrying it typically needs a household income of about $31,058 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$110,000
Population
25,040
Median age
36
Owner / renter
76% / 24%
Avg. household size
2.9

Source: Statistics Canada, 2021 Census (FSA N2P)

$159,000
For sale

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Financing

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$159,000

Kitchener

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