Home ›Listings ›Kitchener ›X12904566

1 Queen Street Kitchener ON

📍 Kitchener, Ontario N2H 2G7

$149,000

Active

📋 Listing Highlights

StatusActive
MLS®X12904566
ListedMar 20, 2026
Days on Market—
Property TypeCommercial
StyleSale Of Business
Cross StreetQueen St N & King St W
PossessionIMMEDIATE

📝 Listing Description

Exceptional turnkey restaurant opportunity available immediately in downtown Kitchener. This restaurant was fully built out in 2022 and comes fully equipped with modern, high-quality finishes and equipment throughout. True Fridges and Freezers, 55 inch TVs, 10 Tap Draught Tower, Sound System, Large Kitchen Exhaust Hood, Camera System, Banquettes, Tables, Chairs, Flat Tops, Fryers and so much more. The space features a transferable liquor license for 112 seats and a fantastic lease in place until June 2032, with two additional five-year renewal options. Offering a competitive rental rate of $8,600 per month inclusive of TMI, this is an ideal opportunity for established restaurant operators or brands seeking a high-traffic, high-visibility downtown location with a strong long-term lease and minimal setup time. This Sub-Lease is subject to approval by the Sub-Landlord and Head Landlord. Must be qualified operators. No coffee use permitted.

🏠 Property Details

Property TypeCommercial
StyleSale Of Business

🔧 Building & Utilities

HeatingGas Forced Air Open
CoolingYes
GarageNone

💰 Financial

List Price$149,000
Annual Taxes$2,470.83 (2026)
PossessionIMMEDIATE

🧮 Mortgage Calculator

$29,800
Est. Monthly Payment
$732/mo
Principal: $119,200 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by ROYAL LEPAGE REAL ESTATE SERVICES LTD.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12904566 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.