564 KING STREET, Kitchener

$159,000

For sale: Other

Other at 564 KING STREET, Kitchener
Property type
Sale Of Business
MLS®
MLS® X14098478

Excellent turnkey takeout restaurant opportunity in prime Kitchener! Features a low base rent of just $1,650+HST with flexible lease terms. Steps to Kitchener GO Transit and surrounded by high-rise buildings with strong foot traffic and a built-in customer base. Fully set up and ready for your food concept on day one - ideal for an owner-operator. Zoning SGA-2 permits restaurant use. A rare low-cost entry into Kitchener's thriving food scene!

Sold data

Homes in Kitchener — recent sold market

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 471 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.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 $649,900.

Homes sold for about 1.2% below asking on average, so there was room to negotiate.

About 36% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$649,900
Sale-to-list ratio
98.8%
Sold above asking
36%

Based on 471 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 564 KING STREET