280 Lester Street Unit# 111 Waterloo, Ontario N2L 0G2
$569,900Maintenance, Insurance, Heat, Landscaping, Property Management, Water, Parking
$627.14 Monthly
Maintenance, Insurance, Heat, Landscaping, Property Management, Water, Parking
$627.14 MonthlyExceptional 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/month (rent increases by 3% each year) plus 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:61015)
Property Details
| MLS® Number | 40841759 |
| Property Type | Other |
| Neigbourhood | Northdale |
| Amenities Near By | Hospital, Public Transit, Schools |
| Communication Type | High Speed Internet |
| Features | Paved Driveway |
| Parking Space Total | 1 |
Building
| Basement Type | None |
| Constructed Date | 2017 |
| Exterior Finish | Brick, Metal |
| Foundation Type | Poured Concrete |
| Stories Total | 1 |
| Size Exterior | 810.0000 |
| Size Interior | 810 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Hospital, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Total Text | Unknown |
| Zoning Description | Gr |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/29935243/280-lester-street-unit-111-waterloo
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July 04 2026 04:59:44
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