179 King Street, Kitchener, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Kitchener. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $69,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 4 Bathrooms
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Great opportunity to own a restaurant and bar in the heart of Downtown Kitchener, directly across from City Hall and surrounded by offices, tech companies, and luxury condos. Prime high-traffic location steps from the LRT, bus terminal, and GO Station.The property offers 3,991 sq. ft. of retail space with 80+ seating capacity, plus an additional 1,000 sq. ft. of basement storage, Total 4 Washrooms and one with Wheelchair-Accessible Washroom. The stylish bar, lounge, and open layout make it ideal for dine-in, takeout, catering, and private events such as weddings, birthdays, and corporate functions. A turnkey operation with the flexibility to rebrand to your own concept.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 179 King Street W, Kitchener, ON N2G 1A7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kitchener, ON
For a property listed at $69,900 in Kitchener, the legal minimum down payment is $3,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $424 for this transaction. As this listing is in Kitchener (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $424.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.