5 - 29 KING STREET E, Kitchener

$175,000

For sale: Other

Other at 5 - 29 KING STREET E, Kitchener
Property type
Sale Of Business
MLS®
MLS® X13210554

Beautiful fine dining former indian restaurant opportunity in the heart of Kitchener. Located steps from downtown and directly across from the king street E and queen street N and The Walper Hotel by Hyatt. Surrounded by luxury retail, hotels, and high-income residential density. Exceptional opportunity for hospitality, café, lounge, or premium food users seeking a prestigious Kitchener address. total area of 2000 sq ft. This well-established fine dining restaurant offers seating capacity for 40 guests, featuring a beautiful layout and an elegant atmosphere. The property provides a warm and inviting dining environment with tasteful interior design, making it ideal for intimate dining experiences and special occasions. Located in a desirable area, this turnkey opportunity is perfect for restaurateurs seekers, a stylish space with excellent ambiance and strong customer appeal.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.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 5 - 29 KING STREET E