For Sale

124 Hoffman Street, Kitchener, Ontario N2M 3N1

$225,000

124 Hoffman Street, Kitchener, Ontario N2M 3N1 is For Sale and has a listing price of 225,000. The property is located in the Kitchener . It's been on the website for 6 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X12631342
  • Office Name HOMELIFE/MIRACLE REALTY LTD
Property Description

Onway Mart in Kitchener is For Sale. Located in a high-traffic residential neighbourhood with excellent visibility and steady walk-in customers. Surrounded by fully developed housing communities, schools, and daily-need clientele, this convenience store enjoys strong weekly sales and consistent income from multiple revenue streams. Excellent business with good sales, long lease, and huge growth potential. Convenience Store Weekly Sales: Approx. $10,000 to $12,000, Other Sales Portion: Approx. 70% to 75%, Tobacco Sales Portion: Approx. 25% to 30%, Lotto Commission: Approx. $3,500/m, U-Haul Commission: $1,000/m, ATM Revenue: $300/m, Bitcoin Revenue: $300/m. Rent including TMI & HST: $5,500/m. Lease Term: 5 + 5 years. Store Area: 1800 sq ft. Additional potential to expand Vape Store operations and introduce more services to increase revenue further.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12631342
  • Price: $225,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: N/A
  • Ref ID: X12631342
  • Dir / Cross St: Kehl St/ Hoffman St
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
12/12/2025 X12631342 $225,000 For Sale - -
10/02/2025 X12439598 $1,799,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Kitchener
  • $968,817 Average List Price
    based on 1 year
  • 231 New Listings
    based on 30 days
  • 44 Median Days on Market
    based on 1 year
  • List vs. Selling Price 174.01 % Up
  • Sold (12mo) 1,023
  • Rented (12mo) 485

  • 1 Month Change -19.1%
  • 3 Month Change +4.5%
  • 6 Month Change -12.6%
Walkscore
Property Type Distribution
  • All Houses
    54.29%
  • Commercial
    3.25%
  • Condo
    42.4%
  • Land for Sale
    0.07%
Additional Details
  • Heat Type Y
  • Garage Type Outside/surface
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 12/12/2025 23:23:33
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