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 $299,000 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.
Beautiful fine dining former indian restaurant opportunity in the heart of Kitchener. Located steps from downtown and directly across from the king street E and queen street N and The Walper Hotel by Hyatt. Surrounded by luxury retail, hotels, and high-income residential density. Exceptional opportunity for hospitality, café, lounge, or premium food users seeking a prestigious Kitchener address. total area of 2000 sq ft. This well-established fine dining restaurant offers seating capacity for 40 guests, featuring a beautiful layout and an elegant atmosphere. The property provides a warm and inviting dining environment with tasteful interior design, making it ideal for intimate dining experiences and special occasions. Located in a desirable area, this turnkey opportunity is perfect for restaurateurs seekers, a stylish space with excellent ambiance and strong customer appeal.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 29 King Street E 5, Kitchener, ON N2G 2K6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kitchener.
About Purchasing a Home in Kitchener, ON
For a property listed at $299,000 in Kitchener, the legal minimum down payment is $14,950 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 $2,960 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 $2,960.
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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.