851 FISCHER-HALLMAN ROAD, Kitchener

$249,000

For sale: Other

Other at 851 FISCHER-HALLMAN ROAD, Kitchener
Property type
Sale Of Business
MLS®
MLS® X13624720

Fantastic opportunity to acquire a fully equipped QSR in a high-traffic Kitchener plaza. Sonny's Burgers Fish & Chips offers an ideal footprint for virtually any traditional quick-service restaurant concept, with excellent visibility, strong surrounding retailers, and ample parking. The space is outfitted with a large commercial exhaust hood, fryers, flat-top grill, walk-in refrigerator, and a wide range of additional kitchen equipment, providing exceptional value and minimizing startup costs. Whether you're launching a new brand or expanding an existing one, this turnkey location presents an outstanding opportunity in a prime market at an attractive price. Base rent is $3,365.66. Current term expires August 2030 with a 5 year renewal option.

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 495 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.

The median sale price was $649,000.

Homes sold for about 1.4% 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
98.6%
Sold above asking
37%

Based on 495 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 851 FISCHER-HALLMAN ROAD