#F004A 2960 KINGSWAY Drive, Kitchener - Business for Sale
#F004A 2960 KINGSWAY Drive, Kitchener, Ontario, N2C1X1
Description
EXCEPTIONAL FOOD COURT BUSINESS OPPORTUNITY AVAILABLE IN FAIRVIEW PARK MALL, ONE OF THE BUSIEST SHOPPING DESTINATIONS IN THE WATERLOO REGION. Located in a high-traffic food court with strong customer exposure throughout the day, currently operating as a successful shawarma restaurant. The business comes fully equipped with all existing equipment included. Benefit from excellent mall traffic, ample on-site parking, direct public transit access, and a well-established customer base. Long-term lease in place. Suitable for owner-operators, entrepreneurs, or investors looking to enter or expand in the food service industry. Prime central location with easy access to major highways and surrounding residential and commercial communities. (id:66096)
Property Details
- MLS®
- 40845053
- Property Type
- Business
- Basement
- None
- Listed
- 126 days ago
Market Timing
Long Listed: 126 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 (N2C)
This home lists at $299,000, about 4.3× the local median household income of $70,000.
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
- $70,000
- Population
- 17,681
- Median age
- 36.8
- Owner / renter
- 33% / 67%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA N2C)
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$299,000
Kitchener