5 MANITOU Drive 106B

Kitchener, N2C 2J6

$269,000

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Listed 22 days ago · MLS® X13836960

About this home

Excellent Business Opportunity - OPEN TO REBRANDING! Take advantage of this rare opportunity to acquire an established, high-performing restaurant business in a prime Kitchener location. Currently operating as a well-known Indian vegetarian food franchise, the business offers strong revenues, healthy profit margins, and excellent growth potential. Most importantly, the location is OPEN TO REBRANDING, providing buyers the flexibility to introduce their own restaurant concept or brand, subject to landlord approval and applicable requirements. The spacious 2,107 sq. ft. premises offers seating for 40+ guests and a competitive monthly lease of approximately $7,500, including TMI, HST & water. The fully equipped commercial kitchen features an impressive 20-ft hood, griddle, 8-burner stove, 14' x 14' walk-in cooler, 14' x 14' walk-in freezer, plus additional professional-grade equipment. Three washrooms include two for guests and one for staff. Strategically positioned near the busy intersection of Manitou Drive & Fairway Road South, Kitchener, with excellent exposure to high daily traffic. Located in a vibrant commercial plaza with ample parking, strong visibility, foot traffic, and major retail brands nearby.

Details

Type
Sale Of Business
Garage
None
Municipality
Kitchener

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes

More

Possession
TBD
Cross street
Manitou Dr and Fairway Rd S
Business type
Restaurant

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚇 Block Line LRT14 min walk
  • 🚇 Fairway LRT16 min walk

Within a 10-minute walk: 3 grocery stores, 24 cafés and restaurants, 4 parks, 3 pharmacies. Nearest grocery: Om India Food Centre (100 m). Nearest park: Traynor Park (250 m).

Schools nearby

Elementary

  • Wilson Avenue Public School
    EQAO: Gr 6 reading 85%, math 46%
    13 min walk
  • St. Aloysius Catholic Elementary School Catholic
    EQAO: Gr 6 reading 81%, math 30%
    1.3 km
  • Rockway Public School
    EQAO: Gr 6 reading 63%, math 26%
    1.4 km
  • Country Hills Public School
    EQAO: Gr 6 reading 69%, math 22%
    1.5 km

Secondary

  • St. Mary's High School Catholic
    EQAO: Gr 9 math 48%, literacy test 94%
    19 min walk
  • Sunnyside Public School2.0 km
  • Rockway Mennonite Collegiate Private2.1 km

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 N2C

Owners / renters
33% / 67%
Median household income
$70,000
Average age
40
Children under 15
15%
Homes
24% detached, 41% high-rise
Commute by transit
11%
Population
17,681

Languages spoken most at home besides English: Spanish 2.6%, Arabic 2.3%, Punjabi (Panjabi) 2%, Serbian 1.6%.

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: 5 km. Transit times · Driving times

Noise 1 source nearby

  • 🚆 Rail line (Waterloo Subdivision)100 m

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 RE/MAX REAL ESTATE CENTRE INC..

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

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