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What this listing tells us
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.
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
Listing, price, and tax history
Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Jul 22, 2026 | ListedCurrent | For sale | $449,000 | — | X13596396 | This page |
| Jan 15, 2025 | Previously listed | Ter | $499,999 | — | X11924795 | View |
| Jan 14, 2025 | Previously listed | Ter | $325,000 | — | X11923433 | View |
| Oct 1, 2024 | Previously listed | Ter | $624,900 | — | X9375480 | View |
| Sep 16, 2024 | Previously listed | Ter | $355,000 | — | X9352312 | View |
| Aug 22, 2024 | Previously listed | Ter | $385,000 | — | X9265026 | View |
Inside this property
Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.
Features & systems
Heating, cooling, parking, exterior, lot, possession, and more.
Systems
3- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Water source
- Municipal
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
Points of interest classified by the MLS® feed.
- Major Highway
- Public Transit
The money — monthly cost, mortgage & return
Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.
Cost of ownership
A monthly snapshot at typical assumptions — personalize the mortgage just below.
How this home sits in the Kitchener market
Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.
The Kitchener market right now
Average sold price, days on market, and closed-transaction count for Kitchener — sourced from MLS®.
- Avg sold price$698,400Last 30 days
- Median sold price$671,000Middle of the market
- Days on market27 dAvg from list to close
- Closed last 30d571MLS® transactions
We'll get you into 123 Pioneer Drive — the seller pays our commission
On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.
$0 to you. The seller pays our fee.
On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.
Property flags & disclosures
An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 123 Pioneer Drive and found nothing flagged. We re-check automatically as new records publish.
Common questions about this property
Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.
How much is 123 Pioneer Drive listed for?
123 Pioneer Drive is listed at $449,000 on the MLS® (listing X13596396). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does 123 Pioneer Drive have?
Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
