645 Westmount Road, 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 $650,000 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 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Damask Resto Market has quickly established itself as a leading destination for those seeking authentic Middle Eastern cuisine, operating as a dynamic quick service restaurant, market, and Bakery. The venue features a newly constructed space with a thoughtfully organized layout, offering dedicated service counters tailored to each aspect of the business. Guests are greeted with comfortable indoor seating for 24, ensuring a pleasant and relaxed dining experience. The state-of-the-art production kitchen is outfitted with top-tier amenities, including a substantial 16-foot commercial hood and a separate 6-foot charcoal pit complete with its own hood, supporting a diverse and efficient culinary operation. Every leasehold, piece of equipment, and chattel remains in pristine condition, reflecting a commitment to excellence throughout the establishment. For the privacy and convenience of the team, please avoid visiting the premises directly or initiating contact with staff.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 645 Westmount Road E 8, Kitchener, ON N2E 3S3
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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 $650,000 in Kitchener, the legal minimum down payment is $40,000 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 $9,475 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 $9,475.
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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.