155 HIGHLAND ROAD E, Kitchener

$369,000

For sale: Other

Other at 155 HIGHLAND ROAD E, Kitchener
Property type
Sale Of Business
MLS®
MLS® X13471440

Exceptional opportunity to acquire a fully equipped turnkey restaurant in a prime Kitchener location at 155 Highland Rd E. Approximately 1,700 sq. ft. with 40 indoor seats, situated in a high-traffic commercial plaza surrounded by established residential neighbourhoods, schools, shopping amenities, and major arterial routes, offering excellent visibility and ample customer parking.Successfully operating for 3+ years with approximate monthly sales of $60,000+, this business offers the flexibility to continue the existing concept or re-brand to your own vision.Current rent is $3,864.77/month including TMI. The sale includes an extensive list of chattels and equipment, including a 16-ft commercial exhaust hood, convection oven, 6-burner gas stove, deep fryer, tandoori pot, dosa slab, walk-in freezer, chef reach-in cooler, prep tables, POS system, security camera system, TVs, stainless steel shelving, dining tables, chairs, sofas, and various cookware items.Excellent opportunity for owner-operators, families, franchise operators, or investors seeking a turnkey business in one of Kitchener's thriving commercial corridors.Do not go direct. Please do not approach staff or ownership.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.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-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 155 HIGHLAND ROAD E