For Sale

340 Kingswood Drive, Kitchener, Ontario N2E 2K2

$699,000

340 Kingswood Drive, Kitchener, Ontario N2E 2K2 is For Sale and has a listing price of 699,000. The property is located in the Alpine neighbourhood . It's been on the website for 129 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X11980044
  • Office Name CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Property Description

Very Profitable Mobil Gas Station Business in a busy area of Kitchener, Ontario. This family-oriented business offers a great opportunity with modern Wayne pumps providing all gasoline grades. Located in a high-density area with excellent road exposure, the station generates approximately 4.5 million in annual gas volume. Yearly Inside revenue between $850K to $900K includes 40-45% from grocery sales (35%), 40-50% from tobacco (13%), Avg. 8% in lotto commissions. Additional revenue from ATM, Bitcoin, Propane, Towels, etc. Potential growth area to add Beer/Wine. Most attractive low rent of approx. $11K Per month (incl. TMI, HST, Utilities) with long lease available.

Property Details
  • MLS ID: X11980044
  • Price: $699,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: X11980044
  • Year Built: N/A
  • Dir / Cross St: Homer Watson & Block Line Rd
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
02/20/2025 X11980044 $699,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Alpine
  • $589,358 Average List Price
    based on 1 year
  • 6 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 4.71 % Below
  • Sold (12mo) 6
  • Rented (12mo) 22

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    63.43%
  • Commercial
    2.27%
  • Condo
    34.3%
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Outside/surface
  • Taxes: $1,800
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 20/02/2025 14:34:13
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