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Commercial Property in Kitchener
About 589 Fairway Road South
Excellent opportunity to acquire a well-established Pita Pit located in a high-traffic retail corridor in Kitchener. Operating successfully at the same location for several years, this turnkey quick-service restaurant benefits from strong brand recognition, loyal repeat clientele, and consistent foot traffic.Strategically positioned near Fairview Park Mall and Fairway Station with convenient access to Highway 8. Surrounded by major national retailers including Food Basics, Marshalls/HomeSense, Starbucks, GoodLife Fitness, and Popeye's Supplements, driving strong daily customer flow.Fully equipped and operating within an established franchise system, this is an ideal opportunity for owner-operators or investors seeking a proven business in a prime commercial location. Seating capacity for approximately 22 patrons.Please do not go direct or speak to staff.Total monthly rent inclusive of TMI and HST: $8,662.85Approx. 1,700 sq ft.
Kitchener business priced at $159,900 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 589 Fairway Rd S
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
589 Fairway Rd S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13656830$159,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 589 Fairway Rd S 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.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 589 Fairway Rd S. Typical times without traffic delays; transit times aren't available yet.
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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 PropTx, 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 market29Homes sold in about 29 days on average.
Sale-to-list ratio101.2%On average, homes sold at or above asking.
Active listings766Homes for sale here right now.
Median vs prior 90 days−0.7%Compared with Apr 11 – Jul 10, 2026: prices down.
Based on 811 sales from Jul 10 – Oct 8, 2026 (517 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
589 Fairway Rd S is listed at $159,900 (MLS® X13656830). Summitly updates the price as soon as the MLS® record changes.
Has the price of 589 Fairway Rd S changed?
No — 589 Fairway Rd S is still listed at its original asking price of $159,900.
How many bedrooms and bathrooms does 589 Fairway Rd S have?
The listing for 589 Fairway Rd S doesn't publish its bedroom and bathroom count. It is a commercial property in Kitchener.
Is 589 Fairway Rd S close to transit?
The nearest rapid-transit station is Fairway Station (ION), about 550 m (about a 7-minute walk) in a straight line. Block Line Station is about 1.3 km (about a 16-minute walk), and Mill Station is about 2.9 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 589 Fairway Rd S compare with other homes in Kitchener?
Its asking price of $159,900 is about 76% below the median sold price in Kitchener over the last 90 days, $670,000, across 811 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 589 Fairway Rd S been sold before?
Summitly has no earlier MLS® sale or lease of 589 Fairway Rd S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 589 Fairway Rd S?
589 Fairway Rd S is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 589 Fairway Rd S been on the market?
59 days — 589 Fairway Rd S was listed on August 10, 2026.
What is the land transfer tax on 589 Fairway Rd S?
About $1,324 in Ontario land transfer tax at the asking price of $159,900. 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 589 Fairway Rd S 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 589 Fairway Rd S?
The listing for 589 Fairway Rd S 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 589 Fairway Rd S built?
The listing for 589 Fairway Rd S doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.