#6 1120 VICTORIA Street North, Kitchener - Business for Sale
#6 1120 VICTORIA Street North, Kitchener, Ontario, N2B3T2
This business in Kitchener is for sale. It has been on the market 9 days, fresher than the Kitchener average of 53 days.
Description
An exceptional opportunity to own a well-established convenience store in one of Kitchener’s busiest commercial corridors at 1120 Victoria Street North! Ideally situated in a high-traffic plaza surrounded by major national brands, including Tim Hortons, McDonald’s, popular pubs, and other established businesses, this location enjoys excellent exposure, steady customer traffic, and convenient access to Highway 85 and surrounding residential neighbourhoods. Operating from approximately 1,942 sq. ft., the business offers an attractive monthly rent of $5,645, including TMI and HST. An additional office space is included, providing flexibility for business operations or potential sublease income, subject to landlord approval. With an expanding product and service offering, including convenience essentials, party supplies, stationery, photocopying and printing services, ATM income potential, and a growing selection of South Asian groceries, the business is well-positioned to serve a diverse customer base and encourage repeat visits. An excellent opportunity for owner-operators, families, or entrepreneurs looking to acquire an established, turnkey business with multiple revenue opportunities in a thriving Kitchener location. (id:66096)
Property Details
- MLS®
- 40873898
- Property Type
- Business
- Basement
- None
- Listed
- 9 days ago
Features
- Lot Features
- Visual exposure
Features and services as supplied by the listing brokerage.
Market Timing
Active: 9 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 9 days, which is 44 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 $120,000, about 1.5× the local median household income of $81,000.
Carrying it typically needs a household income of about $23,440 (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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$120,000
Kitchener