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USD 905,336

22/24 Ontario Street N
Kitchener, Ontario

Property Description

Fantastic opportunity in the burgeoning Kitchener Downtown Core! A two storey building with 2 separately metred apartments on the upper level, and a renovated restaurant on the main level. There are even 4 on-site parking spots! Turnkey building with lots of updates in the last few years, including paving of the driveway and parking lot, numerous fire prevention upgrades, new bathrooms and A/C units and updates to the apartments and a complete renovation into the street level restaurant. Everything is here to start your own restaurant or lease. Either run your own restaurant without the cost of leasing, or lease out the restaurant location and also enjoy the income from the 2, already tenanted, apartments above. Passive rental income in addition to sales income is often the difference between a struggling business and a thriving business. Tons of options to turn this amazing core location into a consistent business income, with the possibility of tremendous appreciation down the road as the LRT nears completion and the amount of redevelopment. Don't miss out - book your private showing today and start on the road to financial independence. (id:8860)

Listed by Coldwell Banker Peter Benninger Realty, Brokerage

Property Details

ID #
30696460
Status
For Sale
Type
Residential, House
Postal Code
N2H4Y4
Parking Spaces
4
Building Feature
Air Conditioning
Appliances
Dishwasher
Heating Type
Forced Air
Water
Municipal Water

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