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Renanza Realty
For sale

6 - 1120 VICTORIA STREET N

Kitchener, Ontario

MLS® X13141218

$179,000

Status
Active
Property type
Business
MLS® number
X13141218
Bedrooms
Bathrooms
Year built

Listing description

Exceptional opportunity to acquire a high-performing convenience store in one of Kitchener's busiest commercial corridors at 1120 Victoria St N. Strategically positioned in a high-traffic plaza surrounded by established national retailers including Tim Hortons, McDonald's, popular pubs, and other major businesses, this location benefits from strong daily vehicle and foot traffic along Victoria Street North with quick access to Highway 85 and nearby residential neighbourhoods. This well-established business operates from an approximately 1,942 sq.

ft. premises. Current base rent is $2,917/month plus TMI and HST.

An additional office space is also included, offering flexibility for owner use or potential sublease income. Strong sales generating over $800,000 in annual gross revenue with approximate gross profit of $180,000 per year. The business continues expanding its product mix with the addition of party supplies, party rental inventory, and a growing selection of South Asian grocery products, helping attract a wider customer base and increase repeat clientele.

Turnkey operation ideal for owner operators, families, or investors seeking a stable and proven business in a rapidly growing area of Kitchener. Please do not go direct or speak with employees or staff regarding the sale of the business.

Property summary

MLS® number
X13141218
Property type
Business
Square footage
1,942 sq ft
Days on market
100 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $179,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$833 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC., KITCHENER.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.