For Sale

170 University Avenue Unit# 21, Waterloo, Ontario N2L 3E9

$449,900

170 University Avenue Unit# 21, Waterloo, Ontario N2L 3E9 is For Sale and has a listing price of 449,900. The property is located in the Waterloo . It's been on the website for 9 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X12578198
  • Office Name RE/MAX TWIN CITY REALTY INC.
Property Description

Take advantage of a rare opportunity to assume a fully equipped restaurant space in one of Waterloo’s busiest and most sought-after commercial corridors. Located on University Ave W-just steps from Wilfrid Laurier University and the University of Waterloo-this location benefits from heavy foot traffic, a dense student population, nearby high-rise residences, and constant activity. Situated in a high-traffic plaza, this unit enjoys one of the most prominent and visible locations within the plaza, offering maximum exposure and excellent walk-in potential. With just under 1,000 sq. ft., the space is ideally sized for most quick service restaurant (QSR) concepts. This efficient layout results in a very favorable rent-to-value ratio, making it cost-effective without compromising visibility or impact. The restaurant is fully equipped and includes a 16-foot commercial exhaust hood, capable of accommodating a wide variety of food options, and a custom Neapolitan Italian-style oven-providing flexibility for a broad range of high-temperature baking and artisan cooking concepts.

Property Details
  • MLS ID: X12578198
  • Price: $449,900
  • Lot Depth: 160.91
  • Transaction Types: For Sale
  • Ref ID: X12578198
  • Year Built: N/A
  • Dir / Cross St: University ave / Phillip
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
11/26/2025 X12578198 $449,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Waterloo
  • $801,559 Average List Price
    based on 1 year
  • 197 New Listings
    based on 30 days
  • 80 Median Days on Market
    based on 1 year
  • List vs. Selling Price 116.59 % Up
  • Sold (12mo) 654
  • Rented (12mo) 242

  • 1 Month Change -18.7%
  • 3 Month Change -12.7%
  • 6 Month Change -18.8%
Walkscore
  • 74 Walk Score
    Very Walkable
  • 69 Transit Score
    Good Transit
  • 97 Bike Score
    Biker's Paradise
Property Type Distribution
  • All Houses
    44.92%
  • Commercial
    6.44%
  • Condo
    48.55%
  • Land for Sale
    0.1%
Additional Details
  • Heat Type Other
  • Garage Type Other
  • Taxes: $162,324
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 26/11/2025 15:21:59
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