140 University Avenue W 1B, Waterloo, ON N2L 6J3
$29,900
$20 / sq ft2 months on market
- Total area
- 1,461 sf
What's special
- Plaza garage
- Yes
About this property
Established tea shop for sale, with lots of other potential uses to be converted. Located in one of the most busiest plaza in City of Waterloo: University Plaza. Right beside University of Waterloo and Wilfrid Laurier University. An excellent opportunity to acquire an established business in a highly desirable university-area location. Situated in an area with strong customer flow and significant pedestrian and vehicle traffic, the business benefits from a large and diverse customer base, including students, university staff, local residents, and surrounding businesses. The location provides excellent visibility and strong potential for continued growth, making it an attractive opportunity for an owner-operator or investor.
Property details
Property
- Property type
- retail
- Interior size
- 1,461 sq ft
- Zoning
- commercial
- Possession
- Flexible
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Garage
- Plaza
Costs
- List price
- $29,900
- Property taxes
- $22 / year (2026)
- Price per sq ft
- $20
Listing
- MLS® number
- X13748884
- Status
- For sale
- Listed
- September 5, 2026
- Days on market
- 61
- Last updated
- September 5, 2026
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Price & sale history
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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 below most comparable listings — about 0% of comparable retail listings in Waterloo are asking less.
- This home
- $20 / sq ft
- Comparable median
- $524 / sq ft
Based on 10 comparable active retail listings in Waterloo. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $157.06
- Property tax (est.)
- $1.83
- Estimated monthly
- $159
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
- $150
- Total due on closing
- $150
An estimate on the asking price of $29,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of HOMELIFE LANDMARK REALTY INC.. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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