For Sale

646 Erb Street Unit# 108, Cambridge, Ontario N2T0A8

$229,000

646 Erb Street Unit# 108, Cambridge, Ontario N2T0A8 is For Sale and has a listing price of 229,000. The property is located in the Beechwood West neighbourhood. It's been on the website for 22 Days.

  • Business
    Property Type
  • MLS ID: X12076885
  • Office Name ROYAL LEPAGE MEADOWTOWNE REALTY
Property Description

Prime Investment Opportunity in Waterloo TMs West End!Presenting Unit 108 at 646 Erb Street West, a high-visibility, street-level commercial condo, currently tenanted by Freshii. Situated in the bustling West Quarter Plaza, this unit provides excellent exposure, consistent foot traffic, and abundant parking, making it an attractive location for any investor.This professionally managed complex is surrounded by thriving businesses and established residential communities such as Beechwood West, ensuring long-term value. The property offers an ideal opportunity for steady cash flow, with the potential for growth and rebranding should you wish to take over the existing Freshii franchise or transition to a new concept.Key Features:Location: 646 Erb Street West, WaterlooTenant: Freshii (with an option to take over or rebrand)Lease Expiry: May 2026, with a 5-year renewal optionRent: $6,043 per month (including HST)Parking: Ample parking for customersFoot Traffic: High exposure and steady customer flow from surrounding businesses and residential areas Access: Easy access to public transit and major routesThis is a turnkey investment opportunity for those seeking stable cash flow and long-term growth in a prime location. Sales Information available upon request.Don’t miss out on this exceptional investment opportunity in the heart of Waterloo’s West End! (id:43137)

Property Details
  • MLS ID: X12076885
  • Price: $229,000
  • Transaction Types: For Sale
  • Ref ID: 28154707
  • 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
04/11/2025 X12076885 $229,000 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Beechwood West
  • $1,042,018 Average List Price
    based on 1 year
  • 6 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.72 % Below
  • Sold (12mo) 27
  • Rented (12mo) 6

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    87.61%
  • Commercial
    2.88%
  • Condo
    9.51%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Property Features Irregular Lot Size
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 11/04/2025 00:00:00
  • Zoning R.r
  • Agent Name: JIN DHILLON
  • Last Updated: 11/04/2025 14:49:21
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