$188,880
For sale: Other

Rare opportunity to acquire a well-established Chinese takeout restaurant in a busy high-visibility Kitchener plaza near Fairview Park Mall and Hwy 8. Approx. 1,265 SF with a fully equipped commercial kitchen featuring oversized exhaust hood system, multiple wok stations, walk-in cooler & freezer, and extensive infrastructure ideal for high-volume Chinese cooking. Strong street exposure, ample on-site parking, established takeout and delivery business, and surrounded by dense residential and commercial amenities. Turn-key opportunity ideal for owner-operators or experienced restaurateurs looking to expand or establish a Chinese food business. Lease transfer subject to landlord approval.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.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.
Based on 504 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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