280 LESTER ST #111, Waterloo, ON N2L0G2
280 LESTER ST #111, Waterloo, ON N2L0G2
280 LESTER ST #111, Waterloo, ON N2L0G2
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Paul Shantz

Paul Shantz

+1(519) 829-8656
$569,900
Est. payment /mo
810 SqFt
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UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Approx. Sqft 810

Square Footage 810 sqft

Price per Sqft $703

Subdivision 415 - Uptown Waterloo/Westmount

MLS® Listing ID 40841759

Condo Fees $627/mo

Year Built 2017

Property Sub-Type Condominium

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 1

Garage No

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Condominium

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Listed by Homelife Power Realty Inc.

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Paul Shantz
Paul Shantz

Agent | License ID: 6008661

+1(519) 829-8656

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280 LESTER ST #111

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