280 Lester Street Unit# 111, Waterloo, Ontario N2L 0G2

Listed for:
$569,900
0 beds
0 baths
Listed 10 days ago
Residential Commercial Mix for rent: 280 Lester Street Unit# 111, Waterloo, Ontario N2L 0G2

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About

University W to Lester St, Or Columbia St W to Lester St. 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/month (rent increases by 3% each year) plus condo fee / maintenance's fee 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:27476)

Property Highlights

MLS® Number
40841759
Type
Other
Maintenance Fee
627.14
Ownership Type
Condominium
Land Size
Unknown
Parking Space Total
1

Building

Building Type
Residential Commercial Mix
Storeys
1.00
Square Footage
810 sqft
Amenities
Hospital, Public Transit, Schools
Exterior Finish
Brick, Metal
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Homelife Power Realty Inc.
MLS® number:
40841759
Agent:
Lisa Chou
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