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About the Listing 558800 -
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.
Interior Details
- Bedrooms: 0
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Yes
- Heating: Gas Forced Air Closed
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Storm
- Parking Features: Outside/Surface,No Garage
Financial Details
- Tax Amount: $8,987
- Taxes w/Assessments: N/A
- Tax/Property ID: 236260011
- Tax Year: 2026
Payment Calculator
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Questions About..
280 Lester St Unit 111 Waterloo, ON N2L 0G2
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