2 - 945 VICTORIA STREET N, Kitchener

$1

For sale: Other

Other at 2 - 945 VICTORIA STREET N, Kitchener
Property type
Sale Of Business
MLS®
MLS® X13167834

A lifetime opportunity to own one of the world's leading fast food brands with consistent growth in revenue available in the Kitchener-Waterloo area of Ontario. It is a famous Fried chicken franchise that is available for sale. It is a brand new drive-thru restaurant in a very high-traffic area. The economic strength of the Kitchener-Waterloo area lies in its highly diversified, innovation-driven economy. The economy of the area strongly relies on a diversified financial sector, world-Class universities, Google's Canadian head office, Insurance companies' head offices, and the manufacturing sector.The owner has the option to bundle his three drive-thru locations in the Kitchener and Waterloo area. All three locations are on long-term leases and have decent, consistently growing revenue. The sale will be conditional, and the buyer must satisfy the franchisor's financial and business background conditions.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.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 2 - 945 VICTORIA STREET N