764 Gardiners Road, Kingston, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of 35 - East Gardiners Rd. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $249,000 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 2 Bathrooms
- Premium 1268.38 x 516.61 ft lot size
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Mighty Bird Craveable Chicken is a popular quick service restaurant (QSR) franchise located in avery busy RioCan plaza in Kingston, surrounded by numerous restaurants and strong anchor tenants. This high-traffic setting provides excellent exposure and consistent customer flow,contributing to the impressive sales performance of the business. The restaurant features an efficient 1,354 sq ft layout designed to keep labour costs low, with seating for 30 customers and a modern takeout counter equipped with TV screens. The space is supported by a full commercial kitchen with a 12-ft hood and high-end equipment, making it well suited for high-volume operations. The franchise is offered with full training and ongoing support from head office, subject to franchisor approval. Royalties are 6% + 1%, and the lease is very attractive at $6,410 gross per month including TMI, with 9 + 5 + 5 years remaining. There is also potential for rebranding into a different concept, cuisine, or franchise. Please do not go direct or speak to staff or ownership.
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Pricing & Value Insights
Data-driven valuation for 764 Gardiners Road F001-A, Kingston, ON K7M 3X9
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kingston, ON
For a property listed at $249,000 in Kingston, the legal minimum down payment is $12,450 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 $2,215 for this transaction. As this listing is in Kingston (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,215.
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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.