96 Innovation Drive 7, Kingston

$184,000
96 Innovation Drive 7

$184,000

New
22d
Sale Of Business

96 Innovation Drive 7, Kingston

Total Monthly Obligation $1,117

Beds
0
Baths
2
Park
100
DOM
22d
Property Type-Sale Of Business
MLS® Number-X13848216
Beds-0
Bathrooms-2
Lot Size-266.19 × 506.72 ft
Listed on site-Oct 1, 2026
Building Type-Sale Of Business
Parking-Plaza
Heating-Gas Forced Air Closed
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Yes
Fireplace-No
Pool-None
Sewer-Sanitary+Storm
Possession-Tbd
Neighbourhood-13 - Kingston East (Incl Barret Crt)
Title-Commercial

No agent assigned

Modern Pita Pit & Chocolato dual concept location in Kingston, the hometown where this popular quick service restaurant franchise first began. This 1,161 sq ft space is ideal for a QSR operation with low labour requirements and an efficient layout, including seating for 12 indoors plus 8 on the patio. The unit also features ample parking with space for 100 vehicles, making it highly accessible for both locals and visitors. The franchise offers royalties of 5% + 2.5% along with training and full support from the franchisor, pending approval. With increasing sales, this location presents an excellent opportunity for hands-on ownership to take advantage of the established brand and loyal customer base. The space includes two walk-in fridges, ensuring smooth operations and inventory management. The lease provides long-term stability with 6 + 5 + 5 years remaining at a highly competitive gross rent of $2,752 including TMI. This turnkey opportunity combines a prime location, proven concept, and strong infrastructure, making it a rare find in Kingston's vibrant restaurant scene. Please do not go direct or speak to staff.

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Closing Costs

Mortgage Amount
$147,200
Land Transfer Taxes$1,565
Legal Fees (Est.)
$
Total cash required for closing$39,865

Total Monthly Obligation

$1,117/mo
Mortgage $742
Monthly Loss $922
Principal$195
Interest$547
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 96 Innovation Drive 7

Time

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