For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $569,900
Property Type Commercial
Sub Type Building Only
Listing Status Sold
Purchase Type For Sale
Square Footage 810 sqft
Price per Sqft $703
MLS Listing ID 40841759
Sold Date 10/05/26
HOA Fees $627/mo
HOA Y/N Yes
Abv Grd Liv Area 810
Year Built 2017
Annual Tax Amount $8,987
Property Sub-Type Building Only
Source Cornerstone
Property Description
Exceptional commercial investment opportunity in Waterloo's thriving university district. This 810 sq. ft. corner unit is ideally located within walking distance of the University of Waterloo and Wilfrid Laurier University, offering excellent visibility and consistent foot traffic. Currently leased to BerryBir & Beans Restaurant at $3,000 + HST/month (rent increases by 3% each year) plus $627.14 of monthly condo fee and utilities until September 30, 2028 with another 3 years renewal option, providing stable income and strong cash flow. Previously operated as a successful restaurant, this turnkey investment includes one parking space(#51) and offers outstanding long-term growth potential.
Location
Province ON
County Waterloo
Area 4 - Waterloo West
Zoning GR
Direction University W to Lester St, Or Columbia St W to Lester St.
Rooms
Basement None
Kitchen 0
Interior
Interior Features High Speed Internet
Fireplace No
Exterior
Parking Features Asphalt, Guest
Garage Description Surface
Utilities Available Electricity Connected, Natural Gas Connected, Street Lights, Phone Connected
Garage No
Building
Lot Description Business Centre, Highway Access, Hospital, Public Transit, Schools
Faces University W to Lester St, Or Columbia St W to Lester St.
Story 1
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick,Metal/Steel Siding
New Construction No
Others
HOA Fee Include Insurance,Building Maintenance,Central Air Conditioning,Common Elements,Maintenance Grounds,Heat,Parking,Property Management Fees,Roof,Snow Removal,Water
Senior Community No
Tax ID 236260011
Ownership Condominium
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2026 Information Technology Systems Ontario, Inc.
NEARBY SCHOOLS & BUSINESSES
GET MORE INFORMATION