123 PIONEER DRIVE, Kitchener

$449,000

For sale: Other

Other at 123 PIONEER DRIVE, Kitchener
Property type
Sale Of Business
Bedrooms / bathrooms
3 bathrooms
MLS®
MLS® X13596396

TURN KEY - Confidential Restaurant Business For Sale in Kitchener. Restaurant / Food Service / Asian Cuisine / Take-Out & Dine-In / LLBO / 65 Indoor Seating. Excellent opportunity to acquire a fully operational restaurant business in a growing Kitchener market. This turnkey food business is currently set up and operating, with established kitchen infrastructure, equipment, leasehold improvements, and an existing customer base. The business became operational in March 2025 and offers a great opportunity for an owner-operator, family-run business, chef-owner, or hospitality investor looking to enter or expand in the fine cuisine and take-out/dine-in segment. Buyer may have the option to continue with the existing operating Name and Concept subject to franchisor approval and separate terms, OR rebrand and operate under their own name and menu. This flexibility makes the opportunity suitable for both experienced restaurant operators and new entrepreneurs looking for a ready-to-operate location. Located in Kitchener with good local market potential, this business can be further grown through catering, delivery platforms, corporate orders, social media marketing, extended hours, and hands-on owner management. Business name, exact details, financials, lease information, and showings will be released only after a signed NDA and seller approval. Please do not approach staff, ownership, or visit the business directly. All inquiries must go through the listing brokerage. Ideal for an owner-operator, family business, chef-owner, restaurant group, newcomer entrepreneur, catering operator, or existing food business looking to expand into Kitchener.

Sold data

Homes in Kitchener — recent sold market

Homes in Kitchener took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 38, across 504 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.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 $649,000.

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

About 37% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$649,000
Sale-to-list ratio
98.7%
Sold above asking
37%

Based on 504 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-JacquessecondaryFraser rating 8.4/10
  • St. Josephine BakhitaelementaryFraser rating 7.9/10
  • J W GerthelementaryFraser rating 7.7/10
  • Pope John Paul IIelementaryFraser rating 7.6/10
  • St TeresaelementaryFraser rating 7.6/10
  • Cameron HeightssecondaryFraser rating 7.5/10

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

Currently for sale

Homes for sale near 123 PIONEER DRIVE