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For Sale
$569,900
MLS® 40841759
280 LESTER Street Unit# 111
Waterloo, Ontario, N2L0G2
- Interior
- 810 sqft
- Property type
- Other
- Building
- Other
- Year built
- 2017
- Parking
- 1
- Ownership
- Condo/Strata
Property facts
- Interior
- 810 sqft
- Property type
- Other
- Building
- Other
- Transaction
- For Sale
- Year built
- 2017
- Parking
- 1
- Ownership
- Condo/Strata
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 monthly condo fee 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:53361)