10 Manitou Drive, 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 $109,000 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 311.02 x 562.83 ft lot size
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Very popular corner Freshii location in South Kitchener in the major business and retail hub just off of Highway 401 and Highway 8 that takes you into the heart of KW. This is a very popular area and a hub for restaurants that is right off of the highway and services the south of Kitchener, Waterloo and Cambridge. This is a very modern buildout and has a ton of light with windows facing three different directions and a garage door that opens to the patio. Leaserate of $6,460 Gross Rent that includes TMI and hydro with 4 + 5 + 5 years remaining. Full support and training from head office. Royalties of 6% + 1.5%. Seating for 18 + 30 on the patio. Please do not go direct or speak to staff
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 10 Manitou Drive, Kitchener, ON N2C 2N3
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 $109,000 in Kitchener, the legal minimum down payment is $5,450 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 $815 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 $815.
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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.