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For saleMLS® X13847868

668 Erb Street W B9, Waterloo, ON N2T 2Z7

$255,000

1 months on market

0

What's special

  • Plaza garage
  • Yes

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About this property

Excellent opportunity to own a very well-constructed, fully equipped pizza business in the busy west side of Waterloo at 668 Erb Street W. Prime location near Ira Needles Blvd, Costco, Canadian Tire and major shopping, surrounded by established retailers, restaurants and growing residential neighbourhoods, providing strong daily traffic and excellent exposure. Approximately 1,172 sq. ft. with rent of $5,655 per month including TMI. Long-term lease in place with renewal option. The business has been built to a high standard and features top-of-the-line commercial equipment, including an XLT double-deck conveyor pizza oven, walk-in cooler, dough mixer, dough sheeter, pizza prep table, fryer, freezers, POS system, pizza warmer, commercial exhaust hood, fire suppression system and additional equipment and fixtures. Excellent opportunity for an owner-operator or experienced restaurateur. Full training will be provided. Plenty of customer parking and easy access. Buyer can put their own business name and operate under their own brand or concept, subject to landlord approval and permitted use. Business only for sale. Please do not go direct or speak with employees.

Property details

Property

Property type
business
Zoning
Business Commercial
Possession
Flexible

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Plaza

Costs

List price
$255,000
Property taxes
$1 / year (2025)

Listing

MLS® number
X13847868
Status
For sale
Listed
October 1, 2026
Days on market
35
Last updated
October 1, 2026
Listing brokerage
CENTURY 21 RIGHT TIME REAL ESTATE 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 52% 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 $12,750
$12,750
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,339.44
Property tax (est.)
$0.08
Estimated monthly
$1,340

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
$2,300
Total due on closing
$2,300

An estimate on the asking price of $255,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CENTURY 21 RIGHT TIME REAL ESTATE 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.

$255,000

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