$24.5
Available - For Sale
Listing ID: X12489586
1 Queen Street North , Kitchener, N2H 2G7, Waterloo


Exceptional turnkey restaurant opportunity available immediately in downtown Kitchener. This restaurant was fully built out in 2022 and comes fully equipped with modern, high-quality finishes and equipment throughout. True Fridges and Freezers, 55 inch TVs, 10 Tap Draught Tower, Sound System, Large Kitchen Exhaust Hood, Camera System, Banquettes, Tables, Chairs, Flat Tops, Fryers and so much more. The space features a transferable liquor license for 112 seats and a fantastic lease in place until June 2032, with two additional five-year renewal options. Offering a competitive rental rate of $9,632 per month inclusive of TMI and HST, this is an ideal opportunity for established restaurant operators or brands seeking a high-traffic, high-visibility downtown location with a strong long-term lease and minimal setup time. This Sub-Lease is subject to approval by the Sub-Landlord and Head Landlord. Must be qualified operators. No coffee use permitted.
Price $24.5
Minimum Rental Term: 72
Taxes: $2470.83
Tax Type: TMI
Occupancy: Vacant
Address: 1 Queen Street North , Kitchener, N2H 2G7, Waterloo
Postal Code: N2H 2G7
Province/State: Waterloo
Directions/Cross Streets: Queen St N & King St W
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Retail
Use: Hospitality/Food Related
Building Percentage: F
Total Area: 2965.00
Total Area Code:  Square Feet
Retail Area Code: %
Seats: 112
Sprinklers: Yes
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Personal Picture
Nikki Shahebrahim
Broker
Dir:
647-830-7200
Bus:
905-597-0800
Fax:
905-597-0868
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Commercial Retail
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $2,470.83
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years