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For saleMLS® X13151388

347 Erb Street W 1, Waterloo, ON N2L 1W4

$529,900

5 months on market

Lot
250.9 × 195.41 ft

What's special

  • Plaza garage
  • Yes

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About this property

Amazing Convenience Store Business For Sale with High Volume Sales. Higher than industry profit margins with no close competition. Located in convenient plaza within minutes of University of Waterloo. Large 3020 Sqft lease area. Average Monthly Revenue Approx $80,000. Lotto Comn $2400/Mth, Other Income $1450/Mth, New Long Lease 5+5+5+5, Rent $9400/Mth Incl T&I. All Records Available For Verification Upon Acceptance of Conditional Offer. Store Hours M-Sat7.30-9.30, Sun 8-8. Increased Beer and Wine Sales. New Freezer/Cooler (2024), New HVAC (2024).

Property details

Property

Property type
business
Lot size
250.9 × 195.41 ft
Zoning
Commercial
Possession
TBA

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Plaza

Costs

List price
$529,900

Listing

MLS® number
X13151388
Status
For sale
Listed
May 20, 2026
Days on market
168
Last updated
June 4, 2026
Listing brokerage
ROYAL LEPAGE IGNITE REALTY

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 96% of comparable business for sale listings in Waterloo are asking less.

$103KMedian $250K$496K

Based on 23 comparable active business for sale listings in Waterloo. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.3% · minimum $27,990
$27,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,775.15
Estimated monthly
$2,775

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$7,073
Total due on closing
$7,073

An estimate on the asking price of $529,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE IGNITE REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$529,900

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