C4 - 873 FAIRWAY STREET N, Kitchener

$900,000

For sale: Other

Other at C4 - 873 FAIRWAY STREET N, Kitchener
Property type
Commercial Retail
MLS®
MLS® X13802274

A TURNKEY COMMERCIAL INVESTMENT WITH A STRONG LOCATION, ESTABLISHED TENANCY & LONG-TERM POTENTIAL: Welcome to Unit C-4 at 873 Fairway Road, Kitchener, an exceptional opportunity to own a commercial unit in a newly developed, professionally designed plaza in a high-visibility location. Whether you're an investor seeking a stable income-producing property or an entrepreneur looking for a strategic location for your business, this property offers an outstanding combination of location, exposure, convenience and future potential. Currently leased to an established tenant with approximately 5 years remaining on the lease, with the potential for extension, this property offers buyers the opportunity to acquire a turnkey investment with income already in place. Located directly across from Chicopee Hills Public School, the plaza enjoys excellent daily pedestrian and vehicle exposure, providing valuable visibility for the existing business and future long-term leasing potential. Premium pylon and fascia signage opportunities further enhance the property's visibility and branding potential. This is more than just a commercial unit, it is an opportunity to secure a well-positioned, income-generating asset in a growing Kitchener community, with an established tenant, remaining lease term, specialized permitted use and excellent accessibility. Invest in the location. Secure the income. Position yourself for the future. Opportunities like this are ideal for investors looking for a commercial property with immediate tenancy and long-term potential. Book your private showing today and explore the possibilities at Unit C-4, 873 Fairway Road!

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.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 C4 - 873 FAIRWAY STREET N