699 Belmont Ave is a business in Kitchener, listed for $139,000.
1Located in a busy plaza surrounded by residential apartments, this grab-and-go food business benefits from a strong local customer base and convenient access to nearby amenities.
2Approximately a 10-minute walk from local high schools and Grand River Hospital.
3The space offers flexibility to continue the existing shawarma operation or explore other fast-food concepts, including pizza, burgers, or other food-service uses, subject to applicable approvals.
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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 699 Belmont Avenue
Excellent opportunity to own an established non-franchise shawarma/fast-food business with no franchise fees or royalty payments. Located in a busy plaza surrounded by residential apartments, this grab-and-go food business benefits from a strong local customer base and convenient access to nearby amenities. Approximately a 10-minute walk from local high schools and Grand River Hospital. The space offers flexibility to continue the existing shawarma operation or explore other fast-food concepts, including pizza, burgers, or other food-service uses, subject to applicable approvals. Unfinished basement provides additional storage space. Potential future residential and commercial development in the surrounding area may provide additional exposure and customer opportunities. Ideal opportunity for an owner-operator or investor looking to operate a food business in the established Belmont Village community. Non-franchise operation means no franchise restrictions or ongoing royalty payments.
Kitchener business priced at $139,000 — book a tour to see if it fits your search.
Inside 699 Belmont Ave
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
699 Belmont Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14028124$139,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 699 Belmont Ave 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 market29Homes sold in about 29 days on average.
Sale-to-list ratio101.3%On average, homes sold at or above asking.
Active listings769Homes for sale here right now.
Median vs prior 90 days−2.1%Compared with Apr 16 – Jul 15, 2026: prices down.
Based on 799 sales from Jul 15 – Oct 13, 2026 (538 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
699 Belmont Ave is listed at $139,000 (MLS® X14028124). Summitly updates the price as soon as the MLS® record changes.
Has the price of 699 Belmont Ave changed?
No — 699 Belmont Ave is still listed at its original asking price of $139,000.
How many bedrooms and bathrooms does 699 Belmont Ave have?
The listing for 699 Belmont Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Kitchener.
Is 699 Belmont Ave close to transit?
The nearest rapid-transit station is Grand River Hospital Station (ION), about 670 m (about a 8-minute walk) in a straight line. Allen Station is about 710 m (about a 9-minute walk), and Willis Way Station is about 1.0 km (about a 13-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 699 Belmont Ave compare with other homes in Kitchener?
Its asking price of $139,000 is about 79% below the median sold price in Kitchener over the last 90 days, $666,000, across 799 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 699 Belmont Ave been sold before?
Summitly has no earlier MLS® sale or lease of 699 Belmont Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 699 Belmont Ave?
699 Belmont Ave is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 699 Belmont Ave been on the market?
699 Belmont Ave was listed today (October 13, 2026).
What is the land transfer tax on 699 Belmont Ave?
About $1,115 in Ontario land transfer tax at the asking price of $139,000. 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 699 Belmont Ave 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 699 Belmont Ave?
The listing for 699 Belmont Ave 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 699 Belmont Ave built?
The listing for 699 Belmont Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
