Description

BEAUTIFULLY UPGRADED 2 BEDROOM PROPERTY WITH A RESTAURANT ON THE MAIN FLOOR LOCATED AT THE CORNER OF THE INTERSECTION PERFECT INVESTMENT FOR A FAMILY THAT WANTS TO LIVE AND DO THEIR RESTAURANT BUSINESS. DURING SUMMER THE SMALL PATIO CAN BE USED FOR EXTRA SEATINGS FOR THE RESTAURANT, GRT RUNS PARALLEL TO THE PROPERTY A LOT OF FOOT TRAFFIC IN THE AREA (id:66096)

Property Details

MLS®: X13672272
Property Type: Retail
Zoning: R2
Interior Size: 1,600 ft²
Frontage: 40 ft
Building Area: 1,600 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Garage: Other
Property Tax: $7,200/yr
Listed: 83 days ago

Market Timing

Days on market

83d

Kitchener listings, avg age

53d

Price / ft²

$556

List price

$890K

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

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Area context

Neighbourhood profile (N2G)

This home lists at $890,111, about 14.3× the local median household income of $62,400.

Carrying it typically needs a household income of about $173,870 (20% down, 25-yr amortization, stress-tested) — roughly 179% above the area median.

Median household income: $62,400
Population: 14,580
Median age: 38
Owner / renter: 31% / 69%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA N2G)

$890,111· $556/ft²

For sale

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Financing

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25 Eby Street South, Kitchener - Retail for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N2G)

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