#3 1120 Victoria Street North, Kitchener - Business for Sale
#3 1120 Victoria Street North, Kitchener, Ontario, N2B3T2
This business in Kitchener is for sale offering roughly 1,140 sq ft of space. It has been on the market 49 days, fresher than the Kitchener average of 53 days.
Description
Subway in Kitchener, ON is For Sale. Located at the busy intersection of Victoria St N & River Rd E in a high-traffic commercial plaza. Surrounded by established residential neighbourhoods, schools, offices, banks, major retailers, and just minutes from Highway 7. Excellent franchise business with strong sales, low rent, a long lease, and outstanding potential for future growth. A fantastic opportunity for an owner-operator or investor. (id:66096)
Property Details
- MLS®
- X13791138
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- LI
- Interior Size
- 1,140 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 49 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 49 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.
This business in Kitchener has been listed for 49 days, which is 4 days fresher than the city average of 53. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N2B)
This home lists at $175,000, about 2.2× the local median household income of $81,000.
Carrying it typically needs a household income of about $34,184 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $81,000
- Population
- 16,939
- Median age
- 42.8
- Owner / renter
- 61% / 39%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA N2B)
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$175,000
Kitchener