This is your opportunity to own a prime commercial condo in Waterloo with an incredible tenant, Hyderabad Cafe, on a new 10-year triple-net lease, ensuring hassle-free, passive income! Located on one of the most densely populated blocks, the unit sits on the ground floor of Sage 2 Condo's a premium student residence and is surrounded by thousands of potential customers/students, just steps from Wilfrid Laurier University and the University of Waterloo. This investment offers constant foot traffic and high visibility, making it ideal for stable returns. With Hyderabad Cafe as an established tenant, you gain immediate, long-term income in a high-demand area with minimal management requirements. Perfect for investors looking to add a worry-free asset to their portfolio in one of Waterloo's most dynamic neighbourhoods. |
Price | $799,000 |
Taxes: | $10196.12 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 318 Spruce St , Unit 105, Waterloo, N2L 3M7, Ontario |
Apt/Unit: | 105 |
Postal Code: | N2L 3M7 |
Province/State: | Ontario |
Directions/Cross Streets: | University Ave & King St. |
Category: | Commercial Condo |
Use: | Hospitality/Food Related |
Building Percentage: | N |
Total Area: | 1950.00 |
Total Area Code: | Sq Ft |
Retail Area: | 1950 |
Retail Area Code: | Sq Ft |
Sprinklers: | Y |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Elevator Lift: | None |
Sewers: | San+Storm |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
HARVEY KALLES REAL ESTATE LTD. |
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Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | Waterloo |
Municipality: | Waterloo |
Neighbourhood: | |
Style: | |
Lot Size: | x () |
Approximate Age: | |
Tax: | $10,196.12 |
Maintenance Fee: | $0 |
Beds: | |
Baths: | |
Garage: | 0 |
Fireplace: | |
Air Conditioning: | |
Pool: |