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For sale
$5,980,000
331 SPRUCE STREET, Waterloo, Ontario

331 Spruce Street

Waterloo, Ontario

Plan Approved! Ready For Building Permit! 331 and 329 Spruce, 2 Assembled Lots To Be PurchasedTogether! Approved Plan For A 9-Storey Student Residence Featuring 88 Bedrooms! ExceptionalOpportunity For Builders, Developers And Investor In Prime Location Just Steps From Campus!Currently Income Generating And Professionally Managed! Turnkey Operation For Investors LookingTo Hold And Benefit! Conveniently Located Within Walking distance Of University, Shopping,Public Transit, Employment Centres, Parks And More! Rare Chance To Secure A High-PotentialDevelopment Site In Sought-After Location! (id:63616)

10 Bedroom 9 Bathroom 3,000 - 3,500 ft2
For sale
$669,900
C523 - 330 PHILLIP STREET, Waterloo, Ontario

C523 - 330 Phillip Street

Waterloo, Ontario

Amazing Opportunity To Own A Newer 3Br Condo Unit At Icon 330! Walking Distance To University Of Waterloo And Laurier University. Very Bright, Spacious And Clean Unit! 3 Br+ 2 Wr Unit (Converted From 2 Br Plus Den )! Furnished Rooms! Relatively Higher Investment Return! Concierge With 24 Hrs Security! Study Lounge! Basketball Court! Gym! Games Room!, Fitness Centre, Theatre Room And Much More To List! (id:63616)

2 Bedroom 2 Bathroom 800 - 899 ft2
For sale
$5,980,000
329 SPRUCE STREET, Waterloo, Ontario

329 Spruce Street

Waterloo, Ontario

Plan Approved! Ready For Building Permit! 329 and 331 Spruce, 2 Assembled Lots To Be PurchasedTogether! Approved Plan For A 9-Storey Student Residence Featuring 88 Bedrooms! ExceptionalOpportunity For Builders, Developers And Investor In Prime Location Just Steps From Campus!Currently Income Generating And Professionally Managed! Turnkey Operation For Investors LookingTo Hold And Benefit! Conveniently Located Within Walking distance Of University, Shopping,Public Transit, Employment Centres, Parks And More! Rare Chance To Secure A High-PotentialDevelopment Site In Sought-After Location! (id:63616)

14 Bedroom 6 Bathroom 2,000 - 2,500 ft2
For sale
$129,000
1651 ERBS ROAD, Waterloo, Ontario

1651 Erbs Road

Waterloo, Ontario

Located on the busy main street of St. Agatha, just minutes from Waterloo and Costco Wholesale. This high-traffic location features the only neighborhood convenience store in the area, serving a strong and growing residential community. Conveniently surrounded by schools, major highways, and other amenities, the business benefits from excellent visibility and steady customer flow. This is an outstanding opportunity with strong sales, a long-term lease in place, and significant potential for further growth. Ideal for an owner-operator or investor looking to expand sales and maximize profitability. (id:63616)

1 Bathroom 1,100 ft2
For sale
$689,900
105&106 - 250 ALBERT STREET, Waterloo, Ontario

105&106 - 250 Albert Street

Waterloo, Ontario

Prime Retail Space In The Heart Of Waterloo. Extremely Close Proximity To Both Wilfrid Laurier University & The University Of Waterloo. Steps To The University Ave!! Exciting Opportunity To Invest In A Newer Mixed Use Condo Building. Unit Features Include Floor To Ceiling Windows, High Ceilings & Vanilla Shell Direct Street Exposure. Would Suit Many Uses Both Retail And Professional. Two parking spots included. Sold "As-is" because the tenant is still occupying the unit. Unit 105 and 106 are connected and the owners prefer to sell both units together. **EXTRAS** Currently renting to a barbershop until 2029 Feb 29th for 5798.56/m gross rent. The base rent is 38/sqft, TMI is 28.56. Condo fee: 925.25/m (id:63616)

926 ft2
For sale
$330,000
6B - 140 UNIVERSITY AVENUE W, Waterloo, Ontario

6b - 140 University Avenue W

Waterloo, Ontario

Well Established Famous Restaurant. Located at 140 University Ave W, in a high-traffic,high-visibility And One of the most prominent retail plazas. Turnkey opportunity to own a very profitable Korean restaurant in one of Waterloos busiest commercial corridors, Best Location Close to the University of Waterloo and Wilfrid Laurier. This location sees over 40,000 daily foot traffic, ensuring consistent high-volume business. Fully Equipped Kitchen All equipment included. 1,880 sq ft W/ 68 Seats of LLBO Licensed.***Gross Rent $9,250/m included in TMI & Water. Open Hours: Monday - Saturday, 12PM - 11PM | Sunday Closed. ***This is a#1 spot for a restaurant in Waterloo - ideal for investors, owner-operators, or expanding brands looking for strong income.*** (id:63616)

1,880 ft2
For sale
$375,000
402 KING STREET N, Waterloo, Ontario

402 King Street N

Waterloo, Ontario

Successfully operating since 2019, this is a rare chance to acquire a proven, high-performing restaurant in a prime King Street North location in Waterloo.This turnkey, well-established business offers outstanding exposure along one of the city's busiest corridors, surrounded by dense residential, student, and commercial activity, including offices such as Manulife. Strong street presence and pylon signage provide consistent visibility and traffic. The location is just minutes from major institutions like University of Waterloo, Wilfrid Laurier University, and Conestoga College. Nearby anchors such as Farm Boy, Tim Hortons, and other big-box retailers, plus close proximity to Wholesale Club, make daily operations and supply runs convenient.The space is approximately 1,200 sq ft with around 40 indoor seats, a modern open-ceiling design, and recent upgrades including new flooring, fresh paint, and bright LED lighting.The commercial kitchen is built for volume, featuring a 15-ft hood with rough-in for an additional 15 ft (up to 30 ft total potential), walk-in cooler, convection oven, gas burners, griller, and more - suitable for high-output or multi-cuisine concepts.Revenue comes from multiple streams including dine-in, catering, tiffin services, and online delivery, backed by an impressive ~4.5 Google rating.Average sales are approximately $52,000 per month. Rent is $6,300 per month, inclusive of TMI, HST, water, and pylon signage.A true turnkey and profitable operation in a high-demand location, ready for the next owner to step in and scale further. All showings by appointment only. (id:63616)

For sale
$499,950
204 - 103 ROGERS STREET, Waterloo, Ontario

204 - 103 Rogers Street

Waterloo, Ontario

Location Location Location! Presenting a spacious luxury condominium in the heart of Waterloo.This prime location offers proximity to Wilfrid Laurier University, University of Waterloo, Hospital, Spur line trail, LTR, and Highway 85, Close proximity to All the bars and Restaurants. 2 Bed 2 Bathrooms, 1 parking, 932sqft Modern Kitchen W/Stainless Steel Appliances, Quartz Countertop, built-in microwave & vinyl flooring throughout. Master W/Walk in closet, 2nd bedroom w/closet, Highly upgraded with amazing layout, an-suite laundry, dedicated furnace & water heater. Open concept living & dining, walk out to open balcony. Abundant natural light close to great schools, the Go train, public transit, shopping, dining, hospitals, and parks, bike rack.Must view this beautiful upgraded unit. (id:63616)

2 Bedroom 2 Bathroom 900 - 999 ft2
For sale
$149,000
255 KING STREET N, Waterloo, Ontario

255 King Street N

Waterloo, Ontario

Turnkey Location for Quick Service Restaurant For Sale , Convert to your desire Brand- Prime University Area Location. Two Major Universities , University of Waterloo Laurier and Conestoga Campuses Excellent opportunity to own a well-established quick service restaurant located in one of the busiest food plazas near a major university. Surrounded by student housing, residential communities, retail stores, and commercial businesses, this high-traffic location offers outstanding visibility and consistent customer flow throughout the year. This fully equipped turnkey restaurant is ideal for owner-operators, investors, or entrepreneurs looking for a profitable food business opportunity in a thriving area. Commercial Hood and all other equipment are included. The business currently operates as a franchise; however, one of the biggest advantages is the flexibility to continue with the existing brand or convert the space into another food concept, subject to landlord approval. Rent is $5220 plus TMI with Long Lease Until 2034, Prime High-Traffic Location Near University. Busy Food Plaza With Strong Foot Traffic. Excellent Exposure & Visibility. Fully Equipped Commercial Kitchen. Dine-In, Takeout & Delivery Potential. Plenty Of Parking Available This location offers excellent growth potential with strong demand from students, local residents, office workers, and delivery platforms. A rare opportunity to secure a premium restaurant space in a highly desirable and rapidly growing area. (id:63616)

2 Bathroom 1,087 ft2
For sale
$509,000
401 - 251 LESTER STREET, Waterloo, Ontario

401 - 251 Lester Street

Waterloo, Ontario

Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 251 Lester St has the potential to generate over $49,000/year in gross rental income with positive monthly cash flow. Just steps to Wilfrid Laurier University and the University of Waterloo, this high-demand location ensures consistent tenancy. Features include a spacious open-concept living area, two full baths, included furniture, and professional property management options for a completely hands-off experience. Condo fees include heat and water, and the building offers parking, shared laundry facilities, elevator access, and proximity to transit, shops, and various amenities. (id:63616)

5 Bedroom 2 Bathroom 1,200 - 1,399 ft2
For sale
$7,999,999
205-209 ERB STREET W, Waterloo, Ontario

205-209 Erb Street W

Waterloo, Ontario

This land assembly, totaling 0.86 acres, presents a compelling development potential opportunity with 3 existing income-generating properties situated in the heart of Waterloos energetic uptown core. In 2024, a development concept was brought forward to the City of Waterloo, outlining a 12-story residential apartment building with 129 units. The plan includes 17 parking spaces located at grade behind the building, complemented by additional underground parking whose quantity has yet to be specified. The project adheres to the area's zoning regulations and complies with both the Official Plan and applicable Zoning By-Laws, including matching the scale and height of surrounding developments. This prime location lies within one of Waterloos most desirable neighborhoods and falls inside the Willis Way Protected Major Transit Station Area (PMTSA), where minimum parking requirements are waived under Bill 185. The vision for the residential development centers around connected urban living, offering future residents immediate access to restaurants, boutiques, entertainment, and cultural attractions. With nearby schools, green spaces, institutions, and modern infrastructure enhancements, this site is exceptionally well-positioned to benefit from long-term growth, sustained demand, and increasing value. The seller and their representative make no guarantees about the property's future use or development potential regardless of any of the favorable information noted. The buyer is fully responsible for investigating all current and future matters related to the property and future development. Image of the 12 story building in the listing is merely a virtual rendering to help give some perspective on what may be possible. (id:63616)

1 Acres
For sale
$299,000
170 UNIVERSITY AVENUE, Waterloo, Ontario

170 University Avenue

Waterloo, Ontario

Take advantage of a rare opportunity to assume a fully equipped restaurant space in one of Waterloo's busiest and most desirable commercial corridors. Located on University Ave W, just steps from Wilfrid Laurier University and the University of Waterloo, this location benefits from heavy foot traffic, a dense student population, nearby high-rise residences, and constant daily activity. Situated in a high-traffic plaza, the unit occupies one of the most prominent and visible locations within the property, offering excellent exposure and strong walk-in potential. With just under 1,000 sq. ft., the space is ideally sized for a wide range of quick-service restaurant concepts. Its efficient layout provides a favourable rent-to-value ratio, making it cost-effective without compromising visibility or impact. The restaurant is fully equipped and includes a 16-foot commercial exhaust hood capable of supporting a variety of food operations, along with a custom Neapolitan Italian-style oven suitable for high-temperature baking, artisan pizza, and other specialty cooking concepts. The existing equipment configuration, including the 16-foot exhaust hood and high-temperature oven, makes the space particularly well-suited for Middle Eastern or Turkish cuisine, while remaining flexible for a wide range of other concepts. Opportunities also exist to continue the existing concept or introduce an entirely different use. (id:63616)