For saleMLS® X13656830

589 Fairway Road S, Kitchener, ON N2C 1X4

Kitchener · Near Fairway Rd S / Manitou Dr. · View map

$159,900
Sale of businessType
NoneParking
$159,900
FreeholdNo monthly condo fee

About this home

Excellent opportunity to acquire a well-established Pita Pit located in a high-traffic retail corridor in Kitchener. Operating successfully at the same location for several years, this turnkey quick-service restaurant benefits from strong brand recognition, loyal repeat clientele, and consistent foot traffic.Strategically positioned near Fairview Park Mall and Fairway Station with convenient access to Highway 8. Surrounded by major national retailers including Food Basics, Marshalls/HomeSense, Starbucks, GoodLife Fitness, and Popeye's Supplements, driving strong daily customer flow.Fully equipped and operating within an established franchise system, this is an ideal opportunity for owner-operators or investors seeking a proven business in a prime commercial location. Seating capacity for approximately 22 patrons.Please do not go direct or speak to staff.Total monthly rent inclusive of TMI and HST: $8,662.85Approx. 1,700 sq ft.

The home

Type
Sale of business

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Tax year
2026
Occupancy
Tenant
Possession
Flexible
Cross street
Fairway Rd S / Manitou Dr.

More

MLS® number
X13656830

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Want to know something that isn’t listed?
Estimated monthly cost$745per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    589 Fairway Road, Kitchener, ON N2C 1X4

    Kitchener · Near Fairway Rd S / Manitou Dr.

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    Sold history

    Listing history for 589 Fairway Road

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 589 Fairway Road S

    Answers come straight from this home’s MLS® listing.

    How much is 589 Fairway Road S listed for, and what would it cost each month?

    589 Fairway Road S is listed for $159,900. With 20% down ($31,980), the mortgage payment would be roughly $645 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $745 a month, all in. That figure is an illustration, not a quote.

    Is 589 Fairway Road S freehold or a condo, and is there a monthly fee?

    589 Fairway Road S is a sale of business in Kitchener. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 589 Fairway Road S have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 589 Fairway Road S?

    589 Fairway Road S is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How is 589 Fairway Road S heated and cooled?

    Heating is gas forced air open. Cooling is yes.

    Where is 589 Fairway Road S?

    589 Fairway Road S is in Kitchener. The nearest main intersection is Fairway Rd S / Manitou Dr.. The postal code is N2C 1X4.

    Is 589 Fairway Road S still for sale?

    Yes. It is an active listing (MLS® X13656830). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 589 Fairway Road S asking?

    Similar properties for sale nearby right now include B6 - 655 Fairway Road S at $169,000, 564 King Street at $159,000 and 2 - 4293 King Street E at $159,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 589 Fairway Road sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 589 Fairway Road S?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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