For Sale

308 King Street, Waterloo, Ontario N2L 3V2

$0

308 King Street, Waterloo, Ontario N2L 3V2 is For Sale and has a listing price of 429,000. The property is located in the Waterloo . It's been on the website for 38 Days.

  • Sale Of Business
    Property Type
  • 1
    Bathrooms
  • MLS ID: X12336892
  • Office Name ROYAL LEPAGE SIGNATURE REALTY
Property Description

GC Burger franchise location in the heart of the University District in Kitchener-Waterloo.Situated at the base of 308 King, a newly built condo tower dedicated to student accommodation,this is a prime location for high foot traffic and visibility. The unit features 1,073 sq ft with a modern QSR layout, seating for 16 inside, plus a patio with additional seating. Equipped with a massive 16-ft commercial hood, two walk-in fridges, and a full line of new equipment this turnkey setup is ideal for efficient operations. Attractive lease rate of $5,487 gross rent including TMI with 4 + 5 years remaining. Full training to be provided pending franchisor approval, with royalties set at 6% + 2.5%. Please do not go direct or speak to staff.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12336892
  • Price: $429,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 250.39
  • Ref ID: X12336892
  • Dir / Cross St: Hickory St E & King St N
  • Status: Active
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
08/11/2025 X12336892 $429,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Waterloo
  • $805,889 Average List Price
    based on 1 year
  • 288 New Listings
    based on 30 days
  • 87 Median Days on Market
    based on 1 year
  • List vs. Selling Price 114.53 % Up
  • Sold (12mo) 622
  • Rented (12mo) 239

  • 1 Month Change +34.4%
  • 3 Month Change -3.6%
  • 6 Month Change -6.1%
Walkscore
  • 87 Walk Score
    Very Walkable
  • 63 Transit Score
    Good Transit
  • 75 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Y
  • Washroom Type1: 1
  • Garage Type Outside/surface
  • Parking Spaces: 20
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 11/08/2025 14:50:12
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