Kitchener, ON · · MLS® X13660792Updated
$229,000
Unit# 2 - 499 Lancaster St W is a business in Kitchener, listed for $229,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
WELL-Established convenience store + flower shop - excellent business opportunity! Be Your Own Boss with this Unique & Excellent opportunity to own a nicely set-up, comfortable, and easy-to-operate business generating approximately $525,000 in annual sales, with a highly diversified revenue mix of approximately 40% flowers, 20% cigarettes, 20% liquor, and 20% grocery. The strong 40% flower sales component provides an attractive higher-margin revenue stream, supported by an established online ordering and delivery system and no direct competition. Cigarette sales represent only approximately 20% of total sales, reducing reliance on tobacco revenue. Lotto Commission $1700/Month, Other Income $350-$400/Month. The business offers steady sales and income, affordable rent of approximately $3,273/month including TMI & HST, and a 2-year lease plus 5-year option. Ideal for a couple or owner-operator, with full training provided by the seller for a smooth transition. Inventory is extra. Seller's Discretionary Income $13000/Month.
Kitchener business priced at $229,000 — book a tour to see if it fits your search.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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Closed sales on the TRREB MLS®.
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Listing brokerage: RE/MAX ULTIMATE REALTY INC., BrokerageMLS® X13660792 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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Other homes for sale in Kitchener around $229K.
Homes for sale in Kitchener
Every active Kitchener MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 726 sales from Aug 17 – Nov 15, 2026 (605 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Unit# 2 - 499 Lancaster St W is listed at $229,000 (MLS® X13660792). Summitly updates the price as soon as the MLS® record changes.
Yes — it was first listed at $249,000 and is now $229,000, a drop of $20,000 (8.0%).
The listing for Unit# 2 - 499 Lancaster St W doesn't publish its bedroom and bathroom count. It is a commercial property in Kitchener.
Its asking price of $229,000 is about 65% below the median sold price in Kitchener over the last 90 days, $660,000, across 726 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.
Summitly has no earlier MLS® sale or lease of Unit# 2 - 499 Lancaster St W on record from the last two years. Older records aren't shown under TRREB rules.
Unit# 2 - 499 Lancaster St W is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
98 days — Unit# 2 - 499 Lancaster St W was listed on August 9, 2026.
About $2,015 in Ontario land transfer tax at the asking price of $229,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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.
The listing for Unit# 2 - 499 Lancaster St W doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Kitchener.
The listing for Unit# 2 - 499 Lancaster St W doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
