Kitchener, ON N2E 2K2,340 Kingswood DR

$699,000

Est. payment /mo

$699,000

Est.Price: ?

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340 Kingswood DR Kitchener, ON N2E 2K2

SOLD DATE : 11/07/2025

Key Details

Sold Price $699,000

Property Type Commercial

Sub Type Sale Of Business

Listing Status Sold

Purchase Type For Sale

MLS Listing ID X11980044

Sold Date 11/07/25

Annual Tax Amount $1,800

Tax Year 2024

Property Sub-Type Sale Of Business

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.

Location

Province ON

County Waterloo

Area Waterloo

Zoning Commercial

Interior

Cooling Yes

Exterior

Parking Features Outside/Surface

Community Features Public Transit

Utilities Available Yes

Building

Lot Description Lot

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Lited by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Scott Cooper

Scott Cooper

TEAM LEADER | BROKER

+1(705) 796-5478

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