For Sale

247 King Street Unit# 1A, Waterloo, Ontario N2J2Y8

$299,000

247 King Street Unit# 1A, Waterloo, Ontario N2J2Y8 is For Sale and has a listing price of 299,000. The property is located in the neighbourhood. It's been on the website for 52 Days.

  • Business
    Property Type
  • MLS ID: X12019289
  • Office Name RE/MAX REAL ESTATE CENTRE INC.
Property Description

An excellent opportunity to own an independent food business to grow your existing business or take over and operate the existing franchise in one of Waterloos busiest and most high-demand areas. Located just steps away from high schools, universities, and student residences, this site thrives on heavy foot traffic. Positioned directly across from Wilfrid Laurier University and within walking distance of the University of Waterloo and Conestoga College, it benefits from being surrounded by over 50,000 full-time university students, ensuring a steady stream of potential customers. The existing business includes an LLBO license, allowing the new owner to transfer it for their own concept. Ample parking, and a favorable 5+5-year lease. Dont miss this exceptional chance to take over a thriving business in a prime location. Please avoid contacting or speaking directly with employees (id:43137)

Property Details
  • MLS ID: X12019289
  • Price: $299,000
  • Transaction Types: For Sale
  • Ref ID: 28024691
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
03/14/2025 202516738 $299,000 -
03/14/2025 40706400 $299,000 -
03/14/2025 X12019289 $299,000 For Sale -
02/04/2025 X11955191 $399,000 -
02/04/2025 40695751 $399,000 -
01/02/2025 X11904646 $279,000 -
01/02/2025 40686928 $279,000 -
11/08/2024 40673840 $375,000 -
09/17/2024 X9353585 $449,000 -
09/17/2024 40645080 $449,000 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Waterloo
  • $825,062 Average List Price
    based on 1 year
  • 156 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 105.75 % Up
  • Sold (12mo) 379
  • Rented (12mo) 279

  • 1 Month Change +16.7%
  • 3 Month Change +15.5%
  • 6 Month Change +36.8%
Walkscore
Property Type Distribution
  • All Houses
    47.37%
  • Commercial
    7.41%
  • Condo
    45.07%
  • Land for Sale
    0.15%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 14/03/2025 00:00:00
  • Zoning R-mx
  • Agent Name: PK KAPOOR
  • Last Updated: 14/03/2025 15:43:53
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