For Sale

50 Dr Kay Drive, King, Ontario L0G 1T0

$359,900

50 Dr Kay Drive, King, Ontario L0G 1T0 is For Sale and has a listing price of 359,900. The property is located in the King neighbourhood . It's been on the website for 8 Days.

  • Sale Of Business
    Property Type
  • MLS ID: N12771702
  • Office Name RE/MAX NOBLECORP REAL ESTATE
Property Description

Recently built commercial restaurant unit, presenting a rare opportunity for restaurant operators, franchise groups, and hospitality to own and operate in a high-growth, high-traffic retail corridor. Strategically located within a modern plaza at the prominent intersection of Highway 27 and Highway 9, this property offers exceptional visibility, strong exposure, and consistent customer traffic in a rapidly expanding trade area. Surrounded by major national and regional anchors including LCBO, Tim Hortons, McDonald’s, Petro-Canada, and Foodland, the plaza benefits from constant brand-driven traffic and a built-in customer base. The area is further supported by dense and growing residential communities, making it an ideal location for dine-in, take-out, and delivery-focused restaurant concepts. The approximately 1,200 sq. ft. unit is currently operating as an Italian restaurant and take-out component and includes existing commercial kitchen infrastructure, including a hood and exhaust system, significantly reducing startup costs and build-out timelines. The efficient layout allows for easy conversion to other restaurant QSR concept, franchise operation, specialty cuisine, café, or ghost kitchen. This turnkey restaurant-ready space offers flexibility for owner-operators and investors seeking immediate operational potential, brand expansion, or long-term brand growth. Ample on-site parking is available for customers and staff. Exceptional opportunity to acquire a high-visibility restaurant in a proven, high-demand location with strong traffic fundamentals and long-term upside.$4700.00 incld TMI/HST, Term in till 2028 with additional extension available w/ landlord approval.

Property Details
  • MLS ID: N12771702
  • Price: $359,900
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: N12771702
  • Year Built: N/A
  • Dir / Cross St: 9 & HWY 27
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 0-5
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
02/09/2026 N12771702 $359,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
King
  • $3,030,065 Average List Price
    based on 1 year
  • 146 New Listings
    based on 30 days
  • 105 Median Days on Market
    based on 1 year
  • List vs. Selling Price 285.26 % Up
  • Sold (12mo) 215
  • Rented (12mo) 87

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    81.27%
  • All Houses/Commercial
    0.02%
  • Commercial
    10.13%
  • Condo
    8.21%
  • Land for Sale
    0.37%
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 09/02/2026 16:42:26
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