Waterloo Real Estate | Waterloo Commercial Properties for Sale

A rare opportunity to acquire a prominent King Street address in the heart of Waterloo, anchored by an existing 10-storey residential building with a proven rental history. Strategically located within walking distance to the University of Waterloo, Wilfrid Laurier University, and Conestoga College Waterloo Campus, this property sits in one of the region's most desirable rental corridors, surrounded by constant demand from students, professionals, and urban residents. Built in 2009, the existing building has remained fully rented since completion, offering investors immediate in-place income, stability, and long-term holding value in a high-growth market. The additional upside makes this opportunity truly exceptional. The same lot benefits from approved zoning for a 14-storey condominium development, allowing for a total project of 123 condominium apartments with a mix of one, two, and three-bedroom units. This gives the purchaser the rare ability to secure strong existing cash flow today while unlocking significant future development potential. For builders, developers, and strategic investors, the groundwork has already been advanced. A full team of architects, planners, and builders is available and ready to assist with execution, if required. This is more than a development site. It is an income-producing asset with a clear path to growth in one of Waterloo's strongest urban locations.

316 King Street N, Waterloo

Listing courtesy of RE/MAX REALTY SPECIALISTS INC..

$659,900

X13597884 MLS® #

Well-appointed 2,234 sq. ft. office space located at 155 Frobisher Drive, Waterloo. Functional layout suitable for professional office use, featuring a mix of private offices and open work areas. Conveniently situated with easy access to major routes and near by amenities. Ideal for businesses seeking a clean, professional environment in a well-established commercial area. (id:5764)

155 Frobisher Drive Unit 205 & 206, Waterloo

Listing courtesy of SAVE MAX REAL ESTATE INC..

$659,900

X13597884 MLS® #

Well-appointed 2,234 sq. ft. office space located at 155 Frobisher Drive, Waterloo. Functional layout suitable for professional office use, featuring a mix of private offices and open work areas. Conveniently situated with easy access to major routes and near by amenities. Ideal for businesses seeking a clean, professional environment in a well-established commercial area.

155 Frobisher Drive Unit 205 & 206, Waterloo

Listing courtesy of SAVE MAX REAL ESTATE INC..

$65,000

40848280 MLS® #

Fantastic opportunity to own a well-established restaurant located between Wilfrid Laurier University and the University of Waterloo! This prime location benefits from extremely heavy foot traffic, with thousands of students passing by the storefront daily.The kitchen area offers approximately 633 square feet, while the entire floor is dedicated to a spacious public dining area, professionally cleaned and maintained by the property management company. The restaurant is equipped with two large commercial exhaust systems, one at the front and one at the rear, allowing for greater flexibility and diversified food concepts.The checkout/front counter features an extra-large marble countertop, and is fully equipped with a cold table and hot food heating station, making it ideal for high-volume service.Don’t miss this excellent opportunity to own arestaurant in one of the most vibrant student hubs—book your showing today! (id:5764)

203 LESTER Street Unit 1, Waterloo

Listing courtesy of SOLID STATE REALTY INC..

$899,000

X13574974 MLS® #

Exceptional opportunity to own a prime commercial condominium together with a well-established convenience and vape business in the heart of Waterloo's thriving university district. Whether you're an investor seeking stable rental income or an owner-operator looking to run your own business, this property offers outstanding flexibility and long-term growth potential. Located on the ground floor of Sage 2 Condos, this premium retail unit is just steps from the University of Waterloo and Wilfrid Laurier University. Surrounded by thousands of students and residents, the area has a limited supply of retail space, creating exceptional demand and consistent pedestrian traffic. This attractive 1,824 sq. ft. commercial unit features 15-foot clear ceilings with no interior support columns, providing a bright, open layout with excellent visibility and direct street exposure. The property also includes one underground parking space, one storage locker, a kitchen, and a private washroom, making it suitable for a wide range of retail, food service, medical, professional, or office uses.The owner currently operates a successful convenience store and vape shop, and a liquor licence is available. The purchaser has the flexibility to continue operating the existing business or take vacant possession and establish a new business concept. (id:5764)

318 Spruce Street Unit 102, Waterloo

Listing courtesy of AIMHOME REALTY INC..

$899,000

X13574980 MLS® #

Exceptional opportunity to own a prime commercial condominium together with a well-established convenience and vape business in the heart of Waterloo's thriving university district. Whether you're an investor seeking stable rental income or an owner-operator looking to run your own business, this property offers outstanding flexibility and long-term growth potential. Located on the ground floor of Sage 2 Condos, this premium retail unit is just steps from the University of Waterloo and Wilfrid Laurier University. Surrounded by thousands of students and residents, the area has a limited supply of retail space, creating exceptional demand and consistent pedestrian traffic. This attractive 1,824 sq. ft. commercial unit features 15-foot clear ceilings with no interior support columns, providing a bright, open layout with excellent visibility and direct street exposure. The property also includes one underground parking space, one storage locker, a kitchen, and a private washroom, making it suitable for a wide range of retail, food service, medical, professional, or office uses.The owner currently operates a successful convenience store and vape shop, and a liquor licence is available. The purchaser has the flexibility to continue operating the existing business or take vacant possession and establish a new business concept. (id:5764)

318 Spruce Street Unit 102, Waterloo

Listing courtesy of AIMHOME REALTY INC..

$899,000

X13574980 MLS® #

Exceptional opportunity to own a prime commercial condominium together with a well-established convenience and vape business in the heart of Waterloo's thriving university district. Whether you're an investor seeking stable rental income or an owner-operator looking to run your own business, this property offers outstanding flexibility and long-term growth potential. Located on the ground floor of Sage 2 Condos, this premium retail unit is just steps from the University of Waterloo and Wilfrid Laurier University. Surrounded by thousands of students and residents, the area has a limited supply of retail space, creating exceptional demand and consistent pedestrian traffic. This attractive 1,824 sq. ft. commercial unit features 15-foot clear ceilings with no interior support columns, providing a bright, open layout with excellent visibility and direct street exposure. The property also includes one underground parking space, one storage locker, a kitchen, and a private washroom, making it suitable for a wide range of retail, food service, medical, professional, or office uses.The owner currently operates a successful convenience store and vape shop, and a liquor licence is available. The purchaser has the flexibility to continue operating the existing business or take vacant possession and establish a new business concept.

318 Spruce Street Unit 102, Waterloo

Listing courtesy of AIMHOME REALTY INC..

$899,000

X13574974 MLS® #

Exceptional opportunity to own a prime commercial condominium together with a well-established convenience and vape business in the heart of Waterloo's thriving university district. Whether you're an investor seeking stable rental income or an owner-operator looking to run your own business, this property offers outstanding flexibility and long-term growth potential. Located on the ground floor of Sage 2 Condos, this premium retail unit is just steps from the University of Waterloo and Wilfrid Laurier University. Surrounded by thousands of students and residents, the area has a limited supply of retail space, creating exceptional demand and consistent pedestrian traffic. This attractive 1,824 sq. ft. commercial unit features 15-foot clear ceilings with no interior support columns, providing a bright, open layout with excellent visibility and direct street exposure. The property also includes one underground parking space, one storage locker, a kitchen, and a private washroom, making it suitable for a wide range of retail, food service, medical, professional, or office uses.The owner currently operates a successful convenience store and vape shop, and a liquor licence is available. The purchaser has the flexibility to continue operating the existing business or take vacant possession and establish a new business concept.

318 Spruce Street Unit 102, Waterloo

Listing courtesy of AIMHOME REALTY INC..

$279,000

X13567504 MLS® #

Excellent opportunity to acquire a well-established DT SHAWARMA located in a high-traffic retail corridor in Waterloo. Operating successfully at the same location for several years, this turnkey quick-service restaurant benefits from strong brand recognition, loyal repeat clientele, and consistent foot traffic. 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 very known franchise. 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 Fast food restaurant in a highly desirable and rapidly growing area. Plenty of Parking Available. (id:5764)

373 Bridge Street West, Waterloo

Listing courtesy of RE/MAX TWIN CITY REALTY INC..

$279,000

40847751 MLS® #

Excellent opportunity to acquire a well-established DT SHAWARMA located in a high-traffic retail corridor in Waterloo. Operating successfully at the same location for several years, this turnkey quick-service restaurant benefits from strong brand recognition, loyal repeat clientele, and consistent foot traffic. 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 very known franchise. 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 Fast food restaurant in a highly desirable and rapidly growing area. Plenty of Parking Available. (id:5764)

373 BRIDGE Street West Unit 11, Waterloo

Listing courtesy of RE/MAX Twin City Realty Inc..

$279,000

X13567504 MLS® #

Excellent opportunity to acquire a well-established DT SHAWARMA located in a high-traffic retail corridor in Waterloo. Operating successfully at the same location for several years, this turnkey quick-service restaurant benefits from strong brand recognition, loyal repeat clientele, and consistent foot traffic. 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 very known franchise. 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 Fast food restaurant in a highly desirable and rapidly growing area. Plenty of Parking Available.

373 Bridge Street W, Waterloo

Listing courtesy of RE/MAX TWIN CITY REALTY INC..

$499,895

X13537612 MLS® #

We will train you to be a successful Restaurateurs! Fantastic opportunity to own a well-established and profitable Indian cuisine restaurant HomeTaste located in a high-traffic area of Waterloo and Cambridge. Steps from University of Waterloo and Wilfrid Laurier University, surrounded by condos and students housing this popular restaurant offers a total retail area of approximately 2,200 sq. ft., providing ample space for dine-in customers and efficient kitchen operations. Strong sales history, loyal customer base, and excellent exposure make this a perfect turnkey opportunity for experienced operators or aspiring restaurateurs. Don't miss the chance to step into a thriving business with great growth potential! Yearly Sales (2025): $1,100,000, Rent: $8700/m including TMI & HST, Lease Term: Existing until 2027 + 5 year option (id:5764)

130 Columbia Street West Unit 912, Waterloo

Listing courtesy of RE/MAX REALTY SPECIALISTS INC..

$170,000

X13552516 MLS® #

Opportunity knocks with this thriving Quesada Burritos & Tacos location, perfectly positioned at 585 Weber St N in Waterloo. This turnkey franchise offers a fantastic entry point into a beloved Canadian brand, backed by a growing customer base and established operational success. You will benefit from an incredibly attractive rent of just $4,664 per month, providing excellent overhead efficiency for a new owner. The current lease is secure with two years remaining, plus the significant advantage of 5+5 year renewal options to guarantee long-term stability. This is an ideal venture for an ambitious operator looking to take over a profitable, well-maintained space in a high-traffic area. Benefit from the full support of a nationally recognized franchise system while putting your own personal touch on daily management. Whether you are a seasoned business owner or an aspiring entrepreneur, this location is set up for continued growth and prosperity. Don't miss this chance to step into a successful business model with a proven track record of excellence in the community. Reach out today to discuss how you can become the next success story with this exceptional Waterloo franchise opportunity. (id:5764)

585 Weber Street North Unit 104, Waterloo

Listing courtesy of Gale Group Realty Brokerage Ltd.

$170,000

X13552516 MLS® #

Opportunity knocks with this thriving Quesada Burritos & Tacos location, perfectly positioned at 585 Weber St N in Waterloo. This turnkey franchise offers a fantastic entry point into a beloved Canadian brand, backed by a growing customer base and established operational success. You will benefit from an incredibly attractive rent of just $4,664 per month, providing excellent overhead efficiency for a new owner. The current lease is secure with two years remaining, plus the significant advantage of 5+5 year renewal options to guarantee long-term stability. This is an ideal venture for an ambitious operator looking to take over a profitable, well-maintained space in a high-traffic area. Benefit from the full support of a nationally recognized franchise system while putting your own personal touch on daily management. Whether you are a seasoned business owner or an aspiring entrepreneur, this location is set up for continued growth and prosperity. Don't miss this chance to step into a successful business model with a proven track record of excellence in the community. Reach out today to discuss how you can become the next success story with this exceptional Waterloo franchise opportunity.

585 Weber Street N Unit 104, Waterloo

Listing courtesy of Gale Group Realty Brokerage Ltd.

$750,000

40847280 MLS® #

Prime Investment Opportunity, Own a landmark commercial business in the heart of Waterloo's thriving university district,presenting a rare opportunity to acquire a well-established business and income-producing commercial asset in the highly sought-after University Plaza, directly serving the vibrant communities of the University of Waterloo and Wilfrid Laurier University.Surrounded by thousands of students, faculty members, professionals, and local residents, this prime location enjoys exceptional visibility, consistent foot traffic, and strong year-round consumer demand. Prime location in Waterloo's premier university commercial district Established supermarket with a loyal customer base and strong local reputation Fully equipped and operational, ready for seamless ownership transition Excellent accessibility with ample parking and convenient transit connections Ideal for owner-operators or investors seeking stable long-term value Reliable Rental Income In addition to the supermarket operation, the property features several established tenants, including: A vape retail store An arcade entertainment venue A Chinese restaurant These leased spaces generate approximately CAD $13,000 in monthly rental income, providing immediate, stable cash flow while enhancing the property's overall investment performance. Located in one of Waterloo's strongest and most resilient retail markets Supported by two internationally recognized universities with a large, year-round customer base Multiple income streams through both business operations and rental revenue Strong long-term appreciation potential driven by continued population growth and commercial development Whether you are an experienced investor, an entrepreneur looking to expand your portfolio, or an owner-operator seeking a flagship location, offers an exceptional combination of stable income, operational potential, and long-term capital appreciation. (id:5764)

140 UNIVERSITY Avenue West Unit 2-5, Waterloo

Listing courtesy of Royal LePage Peaceland Realty.

$170,000

X13549614 MLS® #

Turnkey opportunity alert in the heart of Waterloo! Hub Burritos & Shakes at 133 Weber St N is now available for $170,000, offering an incredible chance to step into a thriving, high-traffic location. This vibrant spot is perfectly positioned to capture steady foot traffic and a loyal customer base, making it a dream setup for any entrepreneur. Whether you're looking to expand your portfolio or jump into the future of entrepreneurship, this business is built for success from day one. The monthly rent is only $3600 + HST. The current lease is till May 2027 and can be renewed for another 5 years. A fixed low royalty of only $250 per week. Don't miss your chance to own a growing brand in one of the city's most energetic corridors. Its prime visibility and reputation make it a standout choice for seasoned operators and newcomers alike. (id:5764)

133 Weber Street North, Waterloo

Listing courtesy of Gale Group Realty Brokerage Ltd.

$170,000

X13549614 MLS® #

Turnkey opportunity alert in the heart of Waterloo! Hub Burritos & Shakes at 133 Weber St N is now available for $170,000, offering an incredible chance to step into a thriving, high-traffic location. This vibrant spot is perfectly positioned to capture steady foot traffic and a loyal customer base, making it a dream setup for any entrepreneur. Whether you're looking to expand your portfolio or jump into the future of entrepreneurship, this business is built for success from day one. The monthly rent is only $3600 + HST. The current lease is till May 2027 and can be renewed for another 5 years. A fixed low royalty of only $250 per week. Don't miss your chance to own a growing brand in one of the city's most energetic corridors. Its prime visibility and reputation make it a standout choice for seasoned operators and newcomers alike.

133 Weber Street N, Waterloo

Listing courtesy of Gale Group Realty Brokerage Ltd.

$190,000

40846964 MLS® #

Well established and elegant decorated old school hair studio in the Sage 8 main floor building. Good location and in the university student zone. The business has established clientel and profitable return business. The hair studio has total 4 stations and with more barber hired, the business has great potential to expand the business.  Great opportunity to own your business.  The owner will consider the partnership option.  Please call for detail. (id:5764)

250 ALBERT Street Unit 105-106, Waterloo

Listing courtesy of SOLID STATE REALTY INC..

$499,895

X13537612 MLS® #

We will train you to be a successful Restaurateurs! Fantastic opportunity to own a well-established and profitable Indian cuisine restaurant HomeTaste located in a high-traffic area of Waterloo and Cambridge. Steps from University of Waterloo and Wilfrid Laurier University, surrounded by condos and students housing this popular restaurant offers a total retail area of approximately 2,200 sq. ft., providing ample space for dine-in customers and efficient kitchen operations. Strong sales history, loyal customer base, and excellent exposure make this a perfect turnkey opportunity for experienced operators or aspiring restaurateurs. Don't miss the chance to step into a thriving business with great growth potential! Yearly Sales (2025): $1,100,000, Rent: $8700/m including TMI & HST, Lease Term: Existing until 2027 + 5 year option

130 Columbia Street W Unit 912, Waterloo

Listing courtesy of RE/MAX REALTY SPECIALISTS INC..

$499,000

X13503004 MLS® #

Turnkey Sunset Grill Franchise Opportunity - Prime Waterloo Location. Own a profitable Sunset Grill franchise in one of Waterloo's premier AAA retail plazas. This well-established breakfast restaurant occupies a bright corner unit with excellent exposure, prominent signage, and seating for around 100 guests. Built to the franchisor's classic layout, the restaurant features an efficient open-concept kitchen equipped with a 14-foot commercial exhaust hood and a walk-in cooler , providing the ideal setup for smooth day-to-day operations and consistent service. Benefit from attractive rent, a strong long-term lease, and the backing of one of Canada's most recognized breakfast brands. Franchise royalties are 5% + 1%, with comprehensive training provided by the franchisor, subject to approval. Designed to accommodate high weekend volumes, this proven floor plan offers excellent operational efficiency, making staffing and management straightforward. The bright, spacious interior features high ceilings and creates a welcoming dining experience for guests. With steady sales, short operating hours (open daily from 7:00 AM- 3 PM ),and a long-standing reputation within the community, this is an exceptional opportunity for an owner-operator or investor looking to acquire a successful, turnkey business. Please do not approach the business directly or speak with staff. All inquiries and showings must be arranged through the listing brokerage. (id:5764)

584 Weber Street North Unit H-5, Waterloo

Listing courtesy of HOMELIFE MAPLE LEAF REALTY LTD..

$499,000

X13503004 MLS® #

Turnkey Sunset Grill Franchise Opportunity - Prime Waterloo Location. Own a profitable Sunset Grill franchise in one of Waterloo's premier AAA retail plazas. This well-established breakfast restaurant occupies a bright corner unit with excellent exposure, prominent signage, and seating for around 100 guests. Built to the franchisor's classic layout, the restaurant features an efficient open-concept kitchen equipped with a 14-foot commercial exhaust hood and a walk-in cooler , providing the ideal setup for smooth day-to-day operations and consistent service. Benefit from attractive rent, a strong long-term lease, and the backing of one of Canada's most recognized breakfast brands. Franchise royalties are 5% + 1%, with comprehensive training provided by the franchisor, subject to approval. Designed to accommodate high weekend volumes, this proven floor plan offers excellent operational efficiency, making staffing and management straightforward. The bright, spacious interior features high ceilings and creates a welcoming dining experience for guests. With steady sales, short operating hours (open daily from 7:00 AM- 3 PM ),and a long-standing reputation within the community, this is an exceptional opportunity for an owner-operator or investor looking to acquire a successful, turnkey business. Please do not approach the business directly or speak with staff. All inquiries and showings must be arranged through the listing brokerage.

584 Weber Street N Unit H-5, Waterloo

Listing courtesy of HOMELIFE MAPLE LEAF REALTY LTD..

$3,499,999

X13495520 MLS® #

Great turn-key development project in the Waterloo University district! Assembly of 2 single detached houses: 309 & 311 Hawthorn St. Development of a six (6) storey multi-unit apartment building containing fifty-five (55) residential dwelling units, eighty (80) bedrooms, twenty-two (22) parking spaces, and thirty-eight (38) bicycle parking spaces. Site plan drawings have been approved. The site plan agreement is currently under review by the Director. We shall receive the site plan agreement soon. Situated just a short walk from King Street and Wilfrid Laurier University campus, this location is only minutes away from the University of Waterloo. It also enjoys close proximity to various Grand River transit stops and routes, offering convenient access to Uptown Waterloo and major commercial nodes. Package includes all drawings and reports for city permit. (id:5764)

309-311 HAWTHORN Street, Waterloo

Listing courtesy of HOMELIFE LANDMARK REALTY INC..

$3,499,999

X13495520 MLS® #

Great turn-key development project in the Waterloo University district! Assembly of 2 single detached houses: 309 & 311 Hawthorn St. Development of a six (6) storey multi-unit apartment building containing fifty-five (55) residential dwelling units, eighty (80) bedrooms, twenty-two (22) parking spaces, and thirty-eight (38) bicycle parking spaces. Site plan drawings have been approved. The site plan agreement is currently under review by the Director. We shall receive the site plan agreement soon. Situated just a short walk from King Street and Wilfrid Laurier University campus, this location is only minutes away from the University of Waterloo. It also enjoys close proximity to various Grand River transit stops and routes, offering convenient access to Uptown Waterloo and major commercial nodes. Package includes all drawings and reports for city permit.

309-311 HAWTHORN Street, Waterloo

Listing courtesy of HOMELIFE LANDMARK REALTY INC..

$4,999,500

X13490382 MLS® #

VTB possible. Beautiful Banquet Hall approx. 15,500 sf building sitting on Approx. 1.50 acres with 4 halls (no kitchen/restaurant, but space available to add). Banquet Hall fully renovated last year. 75+ parking spaces. Banquet hall rooms renting on daily base and upcoming bookings already reserved. Site an also be looked at as a redevelopment as it's located in one of the most vibrant nodes of the region. Prime location with very large frontage on the main road and 3 entrances from main road. Large residential unit on second floor with separate entrance (can easily become 3 res units), 5 rooms, 2.5 bathrooms and kitchen with large dinning/lounge area. 1KM from highway 85. Located 500m down the street form Conestoga Mall and surrounded by all major retailers, hotels and big-box stores. VTB available up to 65% with flexible open terms. C5-81 Zoning allows most all retail uses if the current use is not of use to you. Current owner is retiring. MANY USES ARE POSSIBLE HERE. EVERYTHING FROM HOTEL TO COMMERCIAL SCHOOL AND FUNERAL HOME (AND MANY IN-BETWEEN) (id:5764)

617 King Street North, Waterloo

Listing courtesy of RE/MAX TWIN CITY REALTY INC..

$4,999,500

X13490382 MLS® #

VTB possible. Beautiful Banquet Hall approx. 15,500 sf building sitting on Approx. 1.50 acres with 4 halls (no kitchen/restaurant, but space available to add). Banquet Hall fully renovated last year. 75+ parking spaces. Banquet hall rooms renting on daily base and upcoming bookings already reserved. Site an also be looked at as a redevelopment as it's located in one of the most vibrant nodes of the region. Prime location with very large frontage on the main road and 3 entrances from main road. Large residential unit on second floor with separate entrance (can easily become 3 res units), 5 rooms, 2.5 bathrooms and kitchen with large dinning/lounge area. 1KM from highway 85. Located 500m down the street form Conestoga Mall and surrounded by all major retailers, hotels and big-box stores. VTB available up to 65% with flexible open terms. C5-81 Zoning allows most all retail uses if the current use is not of use to you. Current owner is retiring. MANY USES ARE POSSIBLE HERE. EVERYTHING FROM HOTEL TO COMMERCIAL SCHOOL AND FUNERAL HOME (AND MANY IN-BETWEEN)

617 King Street N, Waterloo

Listing courtesy of RE/MAX TWIN CITY REALTY INC..

$4,999,500

40842809 MLS® #

VTB possible. Beautiful Banquet Hall approx. 15,500 sf building sitting on Approx. 1.50 acres with 4 halls (no kitchen/restaurant, but space available to add). Banquet Hall fully renovated last year. 75+ parking spaces. Banquet hall rooms renting on daily base and upcoming bookings already reserved. Site an also be looked at as a redevelopment as it’s located in one of the most vibrant nodes of the region. Prime location with very large frontage on the main road and 3 entrances from main road. Large residential unit on second floor with separate entrance (can easily become 3 res units), 5 rooms, 2.5 bathrooms and kitchen with large dinning/lounge area. 1KM from highway 85. Located 500m down the street form Conestoga Mall and surrounded by all major retailers, hotels and big-box stores. VTB available up to 65% with flexible open terms. C5-81 Zoning allows most all retail uses if the current use is not of use to you. Current owner is retiring. MANY USES ARE POSSIBLE HERE. EVERYTHING FROM HOTEL TO COMMERCIAL SCHOOL AND FUNERAL HOME (AND MANY IN-BETWEEN) (id:5764)

617 KING Street North, Waterloo

Listing courtesy of RE/MAX TWIN CITY REALTY INC..

$125,000

40842409 MLS® #

Established Café Business for Sale – Prime Uptown Waterloo Location An exceptional opportunity to acquire a fully operational, turnkey café in the vibrant heart of Uptown Waterloo. This beautifully designed establishment offers a distinctive European-inspired ambiance, setting it apart as a destination for both casual and curated dining experiences. Known for its specialty handcrafted beverages, curated menu, and inviting atmosphere, Café 22 has built a strong and loyal customer base with consistent repeat business. The space is thoughtfully designed, featuring an upper-level seating area accommodating up to 30 guests, making it ideal for private events, meetings, and social gatherings. Patrons enjoy everything from artisanal coffee and tea selections to gourmet lunches, indulgent desserts, and unique charcuterie boards, creating a well-rounded offering that appeals to a wide demographic. Business Highlights: * Prime Uptown Waterloo location with high foot traffic * Fully equipped and operational – all fixtures, equipment, and leasehold improvements included * Beautifully designed interior with dedicated event space * Established brand with strong community presence * Upper-level seating capacity for additional revenue opportunities * Significant growth potential for an owner-operator or investor * Training and transition support available With the current owners preparing for retirement, this is a rare chance to step into a well-established café with a proven concept, strong identity, and immediate income potential. Ideal for entrepreneurs looking to expand or enter the hospitality space with a recognized and reputable business. A truly turnkey opportunity in one of Waterloo’s most sought-after locations. (id:5764)

22 KING Street South, Waterloo

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. BROKERAGE-3.

$569,900

1 Baths ⋅ X13473114 MLS® #

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 Condo fee (including TMI) 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. (id:5764)

280 Lester Street Unit 111, Waterloo

Listing courtesy of HomeLife Power Realty Inc.

$129,900

X13474826 MLS® #

Excellent opportunity to own a fully operational Indian restaurant in the heart of Waterloo! Located in a busy high-traffic plaza with multiple well-established anchor businesses driving strong daily foot traffic. Approx. 1,100 sq ft with seating for 25 guests, this turnkey setup features a walk-in cooler, 10 ft commercial hood, and a functional kitchen layout suitable for various restaurant concepts. Current rent is approximately $7,100/month. Attractive lease terms with 4 + 5 year renewal options available, offering long-term stability for owner-operators or investors. Change of use possible, making this a versatile opportunity for different cuisines or food concepts. Prime location surrounded by residential communities, businesses, schools, and major amenities. Great potential to grow and expand the business. (id:5764)

622 King Street North, Waterloo

Listing courtesy of RE/MAX REALTY SERVICES INC..

$129,900

X13474826 MLS® #

Excellent opportunity to own a fully operational Indian restaurant in the heart of Waterloo! Located in a busy high-traffic plaza with multiple well-established anchor businesses driving strong daily foot traffic. Approx. 1,100 sq ft with seating for 25 guests, this turnkey setup features a walk-in cooler, 10 ft commercial hood, and a functional kitchen layout suitable for various restaurant concepts. Current rent is approximately $7,100/month. Attractive lease terms with 4 + 5 year renewal options available, offering long-term stability for owner-operators or investors. Change of use possible, making this a versatile opportunity for different cuisines or food concepts. Prime location surrounded by residential communities, businesses, schools, and major amenities. Great potential to grow and expand the business.

622 King Street N, Waterloo

Listing courtesy of RE/MAX REALTY SERVICES INC..

$569,900

1 Baths ⋅ X13473114 MLS® #

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 Condo fee (including TMI) 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.

280 Lester Street Unit 111, Waterloo

Listing courtesy of HomeLife Power Realty Inc.

$99,000

40841502 MLS® #

TURN-KEY BUSINESS OPERATING FOR 50 YEARS JUST FROM WORD OF MOUTH ADVERTISING! MANY WAYS TO INCREASE SALES SUCH AS:CREATING A WEBSITE, OFFERING DELIVERY, AND/OR OBTAINING A LIQUOR LICENSE! DO NOT GO DIRECT! ELECTRIC APPLIANCES, GAS ROOFTOP HVAC. SELLER OFFERING $5K TOWARD KITCHEN NATURAL GAS RETROFIT. (id:5764)

90 WEBER Street North Unit 2, Waterloo

Listing courtesy of LifeStyle International Realty Inc..

$285,000

X13428050 MLS® #

Well-established independent pizza store for sale in a prime Waterloo location! Situated in a busy plaza with excellent visibility and high traffic, surrounded by residential communities, retail businesses, schools, and offices. This turnkey operation offers dine-in, takeout, and delivery services, a loyal customer base, and strong growth potential. Unit size is 1,172 sq. ft. with rent of only $6,500/month including TMI & HST. Fully equipped with all chattels and equipment included. No franchise fees-operate under your own brand with complete flexibility. Ideal opportunity for an owner-operator or investor looking to own a thriving business in a sought-after Waterloo market. (id:5764)

668 Erb Street West Unit B9, Waterloo

Listing courtesy of NEWGEN REALTY EXPERTS.

$285,000

X13428050 MLS® #

Well-established independent pizza store for sale in a prime Waterloo location! Situated in a busy plaza with excellent visibility and high traffic, surrounded by residential communities, retail businesses, schools, and offices. This turnkey operation offers dine-in, takeout, and delivery services, a loyal customer base, and strong growth potential. Unit size is 1,172 sq. ft. with rent of only $6,500/month including TMI & HST. Fully equipped with all chattels and equipment included. No franchise fees-operate under your own brand with complete flexibility. Ideal opportunity for an owner-operator or investor looking to own a thriving business in a sought-after Waterloo market.

668 Erb Street W Unit B9, Waterloo

Listing courtesy of NEWGEN REALTY EXPERTS.

$239,000

40837271 MLS® #

Exceptional opportunity to acquire a fully operational and well-established Code Ninjas franchise academy in a high-growth, family-oriented community. This turnkey STEM education centre offers coding, robotics, and technology programs for children and maintains a strong recurring-revenue model with active students. The facility is professionally built out with modern equipment, proprietary Code Ninjas curriculum systems, and trained staff already in place for a seamless transition. Academy operates around 20 hours/week. Potential to utilize daytime space, increase enrollment, add new courses and develop links with organizations. Fully equipped centre with approx. $150,000 in assets. Strong enrollment and recurring monthly revenue. Prime location with excellent demographics for STEM programs. Trained instructors and operational systems in place. Franchise training and support included. Ideal for owner-operators, educators, or investors. Serious inquiries only. NDA, visit to Academy required before sharing of financial information. Franchise approval process applies, $10,000 transfer fee. (id:5764)

450 COLUMBIA Street West Unit 3, Waterloo

Listing courtesy of RE/MAX Real Estate Centre Inc..

$225,000

40837136 MLS® #

Rare opportunity to purchase a CANNABIS retail business in a high-exposure Waterloo location. Situated in a busy commercial plaza along Erb Street West, this turnkey operation offers strong visibility, ample parking, and excellent growth potential. Buyer to obtain all required licences and regulatory approvals. Inventory extra. Total area 1150 sq ft. The rent is $6500 including TMI and HST. (id:5764)

646 ERB Street West Unit 101, Waterloo

Listing courtesy of CENTURY 21 RIGHT TIME REAL ESTATE INC..

$450,000

40837020 MLS® #

PROFITABLE AND WELL ESTABLISHED CANNBIS retail business in a highly visible and accessible UNIVERSITY AREA OF WATERLOO. Situated on a major corridor near University of Waterloo, Wilfred Laurier University and Conestoga college, this turnkey operation benefits from strong pedestrian and vehicle traffic, a growing customer base, and a strategic position within one of Waterloo's most active commercial districts. The business offers a modern retail environment, established supplier relationships, and a diverse selection of cannabis products and accessories. The area is surrounded by residential neighbourhoods, student housing, restaurants, and retail amenities, creating consistent year-round demand. Ideal opportunity for an owner-operator or investor looking to expand within Ontario's cannabis retail sector. Inventory extra. Purchaser must independently obtain all required approvals, permits, and licences to operate the business. Current lease is signed for 5 years, can be renewed for another 5 years term. Total area 1850 sq ft. Rent is $13500/MONTH including TMI and HST. (id:5764)

25 UNIVERSITY Avenue East, Waterloo

Listing courtesy of CENTURY 21 RIGHT TIME REAL ESTATE INC..

$109,000

2 Baths ⋅ X13248484 MLS® #

Great opportunity to take over a modern restaurant space in the heart of downtown Waterloo. Located on a busy corner with huge wraparound windows and excellent exposure, this spot gets plenty of natural light and strong foot traffic throughout the day. The space is nicely finished with quality equipment and a flexible layout that can work for many different food concepts. Clean, professional setup with a modern feel, ready for a new owner to start operating right away.15 ft hood. 55 indoor seats and 20 patio seats. Basement included. 2 walk in coolers and 1walk-in freezer. Rent $9,910 (TMI & HST included). 2 years remaining plus a 5-year option to renew. (id:5764)

8 Erb Street West, Waterloo

Listing courtesy of REON HOMES REALTY INC..

$109,000

2 Baths ⋅ X13248484 MLS® #

Great opportunity to take over a modern restaurant space in the heart of downtown Waterloo. Located on a busy corner with huge wraparound windows and excellent exposure, this spot gets plenty of natural light and strong foot traffic throughout the day. The space is nicely finished with quality equipment and a flexible layout that can work for many different food concepts. Clean, professional setup with a modern feel, ready for a new owner to start operating right away.15 ft hood. 55 indoor seats and 20 patio seats. Basement included. 2 walk in coolers and 1walk-in freezer. Rent $9,910 (TMI & HST included). 2 years remaining plus a 5-year option to renew.

8 Erb Street W, Waterloo

Listing courtesy of REON HOMES REALTY INC..

$150,000

40836620 MLS® #

Exceptional opportunity to own a well-established vape shop in a prime high-traffic location on Waterloo’s busy Main Street. Situated at one of the city’s busiest intersections, this turnkey business offers outstanding visibility, steady customer flow, and excellent future growth potential. The fully equipped space includes display cases, shelving, fixtures, and a complete retail setup, making it ideal for an owner-operator or investor looking to step into a ready-to-run business. With several new multi-unit condominium developments underway nearby, the area is poised for significant population growth, creating even greater upside potential for future sales and profitability. The unit offers approximately 1,450 sq. ft. of retail space with a newly renewed lease term of 5 + 5 years, providing long-term stability. Current rent is $7,437/month. Don’t miss this rare chance to secure a thriving business in one of Waterloo’s most desirable and rapidly growing commercial locations! (id:5764)

29 UNIVERSITY Avenue East, Waterloo

Listing courtesy of Royal LePage Peaceland Realty.

$140,000

X13237252 MLS® #

Turn-Key Double Double Pizza & Chicken Franchise - For Sale in WaterlooStep into ownership with this fully operational, turn-key Double Double Pizza & Chickenfranchise in a prime Windsor location! This established business offers a fantastic opportunityfor entrepreneurs or investors looking to enter the thriving quick-service restaurant market.Key Features:- Franchise Brand: Double Double Pizza & Chicken- Lease Details: Current lease valid until July 31, 2028 with renewal option available- Rent: $3,939.23/month + HST (includes TMI)- Space: 1,100 sq.ft. with 12-seat dine-in area- Included: All equipment and chattels - ready to operate from day one- Franchise Transfer Fee: Buyer and seller to split 50/50Why This Opportunity Stands Out:- Well-known brand with strong customer base- Turn-key setup - no downtime, start earning immediately- Affordable rent with long lease term- Ideal size for efficient operations and manageable overhead- Great potential for growth with delivery, and local marketing (id:5764)

347 Erb Street West, Waterloo

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD.

$140,000

X13237252 MLS® #

Turn-Key Double Double Pizza & Chicken Franchise - For Sale in WaterlooStep into ownership with this fully operational, turn-key Double Double Pizza & Chickenfranchise in a prime Windsor location! This established business offers a fantastic opportunityfor entrepreneurs or investors looking to enter the thriving quick-service restaurant market.Key Features:- Franchise Brand: Double Double Pizza & Chicken- Lease Details: Current lease valid until July 31, 2028 with renewal option available- Rent: $3,939.23/month + HST (includes TMI)- Space: 1,100 sq.ft. with 12-seat dine-in area- Included: All equipment and chattels - ready to operate from day one- Franchise Transfer Fee: Buyer and seller to split 50/50Why This Opportunity Stands Out:- Well-known brand with strong customer base- Turn-key setup - no downtime, start earning immediately- Affordable rent with long lease term- Ideal size for efficient operations and manageable overhead- Great potential for growth with delivery, and local marketing

347 Erb Street W, Waterloo

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD.

$129,000

1 Baths ⋅ X13228332 MLS® #

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:5764)

1651 Erbs Road, Waterloo

Listing courtesy of RE/MAX TWIN CITY REALTY INC..

$689,900

X13228088 MLS® #

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:5764)

250 Albert Street Unit 105&106, Waterloo

Listing courtesy of REAL ONE REALTY INC..

$689,900

X13228088 MLS® #

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

250 Albert Street Unit 105&106, Waterloo

Listing courtesy of REAL ONE REALTY INC..

$330,000

X13219054 MLS® #

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:5764)

140 University Avenue West Unit 6B, Waterloo

Listing courtesy of HOMELIFE FRONTIER REALTY INC..

$330,000

X13219054 MLS® #

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.***

140 University Avenue W Unit 6B, Waterloo

Listing courtesy of HOMELIFE FRONTIER REALTY INC..

$500

X13217772 MLS® #

Aligned Health is an established multidisciplinary clinic purpose-built for wellness and healthcare professionals. Ideal for practitioners such as Psychotherapists (RP), Social Workers (RSW), RMTs, Physiotherapists, Chiropractors, Osteopaths, Naturopaths, Acupuncture and more - the space offers private treatment rooms within a calm, professional setting that clients notice from the moment they walk in. Private rooms are available on fully flexible terms - month-to-month, NO LONG TERM lease required. Whether you need one day a week or a full-time room, arrangements are tailored to where your practice is at. Pricing ranges from $500/month for part-time access up to $1,800/month for larger (skylight) rooms, with discounts available for full-time commitments. Shared amenities include a welcoming waiting area, kitchenette, and on-site parking across a thoughtfully designed 11-room, nearly 3,000 sq. ft. clinic space. With over 10 years serving the Waterloo community, Aligned Health offers more than just a room - it's an active, professionally run clinic with an established reputation and a collaborative environment built for long-term practice growth. *For Additional Property Details Click The Brochure Icon Below*

745 Bridge Street W Unit 6, Waterloo

Listing courtesy of ICI SOURCE REAL ASSET SERVICES INC..

$375,000

X13214406 MLS® #

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:5764)

402 King Street North, Waterloo

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC..

$375,000

40834552 MLS® #

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:5764)

402 KING Street North, Waterloo

Listing courtesy of RE/MAX Real Estate Centre Inc..

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