Business For Sale · Specialty

1120 VICTORIA Street N Unit# 6, Kitchener

1120 VICTORIA Street N Unit# 6, Kitchener, ON N2B3T2

$149,900 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

94%

About this property

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, with TMI and HST additional. An additional office space is also included, offering flexibility for owner use or potential sublease income. The business has continued expanding its product mix with the addition of party supplies/station inventory, Xerox and printing services, ATM income potential, 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 to employees or staff. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$150K
Down payment30% · $45K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$692

Projected NOI

$10K

Annual cash flow

$2K

Cash-on-cash

4.75%

DSCR

1.26

Going-in cap

6.97%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

48,368

Households

21,152

Median income

$131,000

Median age

38.9

Daytime population

66,818

5-yr growth

5.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1120 VICTORIA Street N Unit# 6, Kitchener.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.