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For saleMLS® X13842052

280 Lester Street 112, Waterloo, ON N2L 3M6

$349,888

1 months on market

0

What's special

  • Yes

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About this property

PROFITABLE BUSINESS WITH LOW RENT, EXCELLENT LOCATION AND LOW OPERATING COST. Prime University-Area Restaurant Opportunity Established Charminar - The South Indian Taste Restaurant located at 280 Lester St, Waterloo is a highly rated spot known for authentic south Indian flavors with 4.7/5 stars rating and huge client . Rare opportunity to own a well-established Restaurant in one of Waterloo's highest-demand locations Perfectly positioned near the University of Waterloo and Wilfred Laurier University surrounded by dense student housing, young professionals, and family communities, this store benefits from constant foot traffic, strong walk-in business, and high-volume delivery sales . Bring your concept or continue the existing restaurant operation. Great opportunity in a high-demand Waterloo location with strong potential for dine-in, takeout, delivery and catering. Fully equipped and ready for operation. All showings by appointment only.

Property details

Property

Property type
business
Zoning
Nmu-8
Possession
Flexible

Interior

Heating
Electric Forced Air
Cooling
Yes

Costs

List price
$349,888

Listing

MLS® number
X13842052
Status
For sale
Listed
September 30, 2026
Days on market
36
Last updated
September 30, 2026
Listing brokerage
EXECUTIVE REAL ESTATE SERVICES LTD.

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 74% of comparable business for sale listings in Waterloo are asking less.

$103KMedian $250K$499K

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

Mortgage estimate

Down payment5.0% · minimum $17,494
$17,494
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,837.86
Estimated monthly
$1,838

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
$3,723
Total due on closing
$3,723

An estimate on the asking price of $349,888. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of EXECUTIVE REAL ESTATE SERVICES LTD.. 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.

$349,888

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