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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Kitchener
About 564 King Street
Excellent turnkey takeout restaurant opportunity in prime Kitchener! Features a low base rent of just $1,650+HST with flexible lease terms. Steps to Kitchener GO Transit and surrounded by high-rise buildings with strong foot traffic and a built-in customer base. Fully set up and ready for your food concept on day one - ideal for an owner-operator. Zoning SGA-2 permits restaurant use. A rare low-cost entry into Kitchener's thriving food scene!
Kitchener business priced at $159,000 — book a tour to see if it fits your search.
Inside 564 King St
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
564 King St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14098478$159,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 564 King St Compares to the Kitchener Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio101.0%On average, homes sold at or above asking.
Active listings778Homes for sale here right now.
Median vs prior 90 days−2.4%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 735 sales from Jul 25 – Oct 23, 2026 (574 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
564 King St is listed at $159,000 (MLS® X14098478). Summitly updates the price as soon as the MLS® record changes.
Has the price of 564 King St changed?
No — 564 King St is still listed at its original asking price of $159,000.
How many bedrooms and bathrooms does 564 King St have?
The listing for 564 King St doesn't publish its bedroom and bathroom count. It is a commercial property in Kitchener.
Is 564 King St close to transit?
The nearest rapid-transit station is Kitchener Market Station (ION), about 360 m (about a 4-minute walk) in a straight line. Borden Station is about 510 m (about a 6-minute walk), and Frederick Station is about 780 m (about a 10-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 564 King St compare with other homes in Kitchener?
Its asking price of $159,000 is about 76% below the median sold price in Kitchener over the last 90 days, $663,500, across 735 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 564 King St been sold before?
Summitly has no earlier MLS® sale or lease of 564 King St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 564 King St?
564 King St is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 564 King St been on the market?
3 days — 564 King St was listed on October 20, 2026.
What is the land transfer tax on 564 King St?
About $1,315 in Ontario land transfer tax at the asking price of $159,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 564 King St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 564 King St?
The listing for 564 King St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Kitchener.
When was 564 King St built?
The listing for 564 King St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.