$119,000
For sale: Other

Prime Quick-Service Restaurant (QSR) Opportunity.This space is perfect for independent or franchised restaurant concepts, featuring an ideal layout with an open kitchen design, 8-foot hood, seating for 20, display fridges, and more. Located in the heart of Kitchener at Sportsworld Crossing one of the city's most dynamic hubs for retail, dining, and entertainment this location offers exceptional visibility and foot traffic. With attractive rental terms and a long lease available, this is an outstanding opportunity to grow your brand or launch your first restaurant. The space is eligible for rebranding, pending the Landlord's approval for non-competing uses. Please do not go direct or speak to staff. Your discretion is appreciated. * Gross Rent = $4,638.58 Including TMI & HST * 1 Year Remaining + 5 Year Option To Renew * 1210 Square Feet * Ideal QSR Layout With Open Kitchen * Buyer Can Convert To A New Cuisine Subject To Landlord Approval * No Indian Restaurants *
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.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.
Based on 447 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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