#8 645 WESTMOUNT Road East, Kitchener - Business for Sale
#8 645 WESTMOUNT Road East, Kitchener, Ontario, N2E3S3
Description
Damask Resto Market has quickly established itself as a leading destination for those seeking authentic Middle Eastern cuisine, operating as a dynamic quick service restaurant, market, and Bakery. 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 greeted with comfortable indoor seating for 24, ensuring a pleasant and relaxed dining experience. The state-of-the-art production kitchen is outfitted with top-tier amenities, including a substantial 16-foot commercial hood and a separate 6-foot charcoal pit complete with its own hood, supporting a diverse and efficient culinary operation. Every leasehold, piece of equipment, and chattel remains in pristine condition, reflecting a commitment to excellence throughout the establishment. For the privacy and convenience of the team, please avoid visiting the premises directly or initiating contact with staff. (id:66096)
Property Details
- MLS®
- 40853784
- Property Type
- Business
- Basement
- None
- Listed
- 90 days ago
Features
- Lot Features
- Visual exposure
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 90 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.
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
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)
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$499,000
Kitchener