Salehian.com 647-325-5000

123 Pioneer Drive

Kitchener, N2P 2A3

$350,000

Reduced $99,000 from $449,000

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  • 3 bathrooms

Listed 89 days ago · MLS® X13596396

About this home

TURN KEY - Confidential Restaurant Business For Sale in Kitchener. Restaurant / Food Service / Asian Cuisine / Take-Out & Dine-In / LLBO / 65 Indoor Seating. Excellent opportunity to acquire a fully operational restaurant business in a growing Kitchener market. This turnkey food business is currently set up and operating, with established kitchen infrastructure, equipment, leasehold improvements, and an existing customer base. The business became operational in March 2025 and offers a great opportunity for an owner-operator, family-run business, chef-owner, or hospitality investor looking to enter or expand in the fine cuisine and take-out/dine-in segment. Buyer may have the option to continue with the existing operating Name and Concept subject to franchisor approval and separate terms, OR rebrand and operate under their own name and menu. This flexibility makes the opportunity suitable for both experienced restaurant operators and new entrepreneurs looking for a ready-to-operate location. Located in Kitchener with good local market potential, this business can be further grown through catering, delivery platforms, corporate orders, social media marketing, extended hours, and hands-on owner management. Business name, exact details, financials, lease information, and showings will be released only after a signed NDA and seller approval. Please do not approach staff, ownership, or visit the business directly. All inquiries must go through the listing brokerage. Ideal for an owner-operator, family business, chef-owner, restaurant group, newcomer entrepreneur, catering operator, or existing food business looking to expand into Kitchener.

Details

Type
Sale Of Business
Lot
893.51 × ? ft
Garage
Outside/Surface
Property tax
$931,406 (2025)
Municipality
Kitchener

Interior

Bathrooms
3 × bathroom

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes

Building and exterior

Building area
1,989 Square Feet

More

Possession
Immidiate
Cross street
Pioneer Drive & Homer Watson Boulevard
Business type
Restaurant

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 3 cafés and restaurants, 6 parks, 1 pharmacy. Nearest grocery: Zehrs (0 m). Nearest park: Biehn Park (350 m).

Schools nearby

Elementary

  • St. Timothy Catholic Elementary School Catholic
    EQAO: Gr 6 reading 89%, math 70%    8 min walk
  • Pioneer Park Public School
    EQAO: Gr 6 reading 82%, math 36%    17 min walk
  • J.W. Gerth Public School
    EQAO: Gr 6 reading 94%, math 80%    18 min walk
  • St. Kateri Tekakwitha Catholic Elementary School Catholic
    EQAO: Gr 6 reading 85%, math 38%    1.6 km

Secondary

  • Doon Public School16 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N2P

Owners / renters
76% / 24%
Median household income
$110,000
Average age
37
Children under 15
19%
Homes
60% detached, 10% high-rise
Commute by transit
5%
Population
25,040

Languages spoken most at home besides English: Punjabi (Panjabi) 4.1%, Mandarin 1.5%, Spanish 1%, Arabic 1%.

Safety

Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 8 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ELIXIR REAL ESTATE INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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