1 Queen Street N
1 Queen Street N
$149,000
$50.25/sq ft · 114 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $649 |
| Property Tax (MLS) | $206 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $855 |
Down payment: $29,800 (20.0%) · Mortgage: $119,200
Property tax uses MLS annual tax of $2,471/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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Data last updated: August 23, 2026 at 04:25 a.m.