












1/141120 VICTORIA Street N Unit# 6, Kitchener, ON N2B3T2
$149,900 total
—
Asset Class
Specialty
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
94%
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
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.
Confidential diligence documents for 1120 VICTORIA Street N Unit# 6, Kitchener.
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.