1120 VICTORIA STREET N, Kitchener

$120,000

For sale: Other

Other at 1120 VICTORIA STREET N, Kitchener
Property type
Sale Of Business
MLS®
MLS® X14115914

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.

Sold data

Homes in Kitchener — recent sold market

Homes in Kitchener took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 38, across 447 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.

The median sale price was $640,000.

Homes sold for about 1.3% below asking on average, so there was room to negotiate.

About 36% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$640,000
Sale-to-list ratio
98.7%
Sold above asking
36%

Based on 447 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Kitchener

Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.

Rated schools
66
Elementary
57
Secondary
9
Average rating
5.8 / 10

Top-rated schools in Kitchener

  • David Saint-Jacques — secondaryFraser rating 8.4/10
  • St. Josephine Bakhita — elementaryFraser rating 7.9/10
  • J W Gerth — elementaryFraser rating 7.7/10
  • Pope John Paul II — elementaryFraser rating 7.6/10
  • St Teresa — elementaryFraser rating 7.6/10
  • Cameron Heights — secondaryFraser rating 7.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1120 VICTORIA STREET N