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280 Lester Street 111, Waterloo, ON N2L 0G2

Waterloo, ON, N2L 0G2

1 Baths
Sq Ft
1 Parking
Commercial Retail Type
X13473114 MLS#

About this property

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.

Features & Amenities

  • Garage: Outside/Surface
  • Cooling: Yes
  • Heat Type: Gas Forced Air Closed
  • Sewer: Storm

Property Details

Property Type Commercial
Property Sub-Type Commercial Retail
Bathrooms 1
Garage Outside/Surface
Parking Spaces 1
Heat Type Gas Forced Air Closed
Cooling Yes
Sewer Storm
Annual Tax $8,987
Tax Year 2026

Building & Construction

Approximate Age
6-15
Building Area Total
810

Heating & Cooling

Heat Type
Gas Forced Air Closed
Cooling
Yes

Parking & Garage

Garage Type
Outside/Surface
Parking Spaces
1

Lot & Land

Lot Size Units
Feet
Lot Depth
0.00
Lot Width
0.00

Community & Neighborhood

Community Features
Public Transit, Recreation/Community Centre

Financial & Tax

Tax Annual Amount
$8,987
Tax Year
2026
Tax Assessed Value
$277,000
Possession Type
Flexible
Possession Details
flexible

Utilities & Services

Sewer
Storm
Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Waterloo
Cross Street
HICKORY ST W;UNIVERSITY AVE;COLUMBIA ST W
Directions
University W to Lester St, Or Columbia St W to Lester St.
Showing Requirements
Go Direct, Showing System

Location

280 Lester Street 111, Waterloo, ON N2L 0G2, Waterloo, ON, N2L 0G2

Listing courtesy of HomeLife Power Realty Inc
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