5 - 589 Fairway Road
Kitchener, ON
- Sale Of Business
- 151 days on market
Excellent opportunity to acquire a well-established, only 2-year-old franchise restaurant located in a high-traffic, busy plaza in Kitchener. This spacious 1,900 sq. ft. unit features a modern setup with a 12 ft commercial hood, walk-in cooler, and walk-in freezer, making it ideal for a wide range of food concepts. Current layout offers comfortable seating for up to 50 guests. Benefit from strong visibility, ample parking, and steady foot traffic. Reasonable rent of $8,122/month including HST and TMI, with a secure long-term lease in place. Flexibility to continue with the existing franchise or convert to a different cuisine or concept. Turnkey operation - perfect for both experienced operators and new entrepreneurs.
Listing Details
- Listed
- April 14, 2026
Price History
Parking
- Garage
- None
Location & Legal
- Cross Street
- Fairway rd S & Manitou dr
- Zoning
- Commercial
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Restaurant
Included
- Exclusions
- Griddle, coffer machine, waffle maker
Community
Postal area N2C
- Population
- 17,681
- Private dwellings
- 7,494
- Median age
- 36.8
- Average household size
- 2.4
- Median household income
- $70,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,912
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,912 recorded sales of commercial properties in Kitchener over the last 12 months.
Listed by
RE/MAX REALTY SERVICES INC.
Walk Score
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Location
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