New
25
$125,000
280 Lester Street 103, Waterloo, ON N2L 0G2
1,200 sf
6 days on marketMLS® X14130284
Listing courtesy of ELIXIR REAL ESTATE INC.
1 / 30
For saleMLS® X13822704
646 Erb St Street W, Waterloo, ON N2T 0A8
$149,888
$105 / sq ft1 months on market
- Total area
- 1,426 sf
- Lot
- 70 × 57 ft
What's special
- Outside/surface garage
- Yes
About this property
*****Ghost Kitchen Asset Sale & Lease Takeover***** Excellent opportunity to acquire a fully equipped restaurant through an asset sale in a busy commercial plaza in Waterloo. The premises are approximately 1,426 sq ft and feature a full commercial kitchen with hood ventilation, cooking equipment, refrigeration, prep stations and leasehold improvements already in place. Ideal for restaurant, takeout, ghost kitchen or delivery based food concepts. Located in a high traffic area with strong surrounding residential density and convenient access for customers and delivery services. Asset sale only. Real estate not included. Financial statements are not available as this is strictly an asset sale. Buyer to assume existing lease subject to landlord approval
Property details
Property
- Property type
- business
- Interior size
- 1,426 sq ft
- Lot size
- 70 × 57 ft
- Zoning
- A
- Possession
- Flexible
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Exterior & services
- Garage
- Outside/Surface
- Sewer
- Sanitary
Costs
- List price
- $149,888
- Property taxes
- $23 / year (2026)
- Price per sq ft
- $105
- Rental items
- Diswasher & HVAC - rental agreement to be assumed or transferred by Buyer.
Listing
- MLS® number
- X13822704
- Status
- For sale
- Listed
- September 24, 2026
- Days on market
- 42
- Last updated
- October 2, 2026
- Listing brokerage
- RE/MAX REALTY SERVICES INC.
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 in line with comparable listings — about 26% of comparable business for sale listings in Waterloo are asking less.
$103KMedian $255K$499K
- This home
- $105 / sq ft
- Comparable median
- $123 / sq ft
Based on 23 comparable active business for sale listings in Waterloo. These are asking prices, not sale prices.
Mortgage estimate
Down payment5.0% · minimum $7,494
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $787.32
- Property tax (est.)
- $1.92
- Estimated monthly
- $789
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
- $1,224
- Total due on closing
- $1,224
An estimate on the asking price of $149,888. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX REALTY SERVICES 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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