589 Fairway Road Unit 5
Kitchener, ON N2C 1X4
About This Property
Excellent opportunity to acquire a well-established, only 2-year-old franchise restaurant located in a high-traffic, busy plaza in Kitchener. This spacious 1,900 sq. ft. unit features a modern setup with a 12 ft commercial hood, walk-in cooler, and walk-in freezer, making it ideal for a wide range of food concepts. Current layout offers comfortable seating for up to 50 guests. Benefit from strong visibility, ample parking, and steady foot traffic. Reasonable rent of $8,122/month including HST and TMI, with a secure long-term lease in place. Flexibility to continue with the existing franchise or convert to a different cuisine or concept. Turnkey operation - perfect for both experienced operators and new entrepreneurs.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12994474
Listed by RE/MAX REALTY SERVICES INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$732
/month · $119,999 mortgage
Amortization
Total Interest
$99,740
Total Cost
$219,739
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX REALTY SERVICES INC.