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255 King Street Waterloo ON

📍 Waterloo, Ontario N2J 4V2

$149,000

Active
2BATHS
16×50LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13206030
ListedMay 27, 2026
Days on Market—
Property TypeCommercial
StyleSale Of Business
Cross StreetUniversity Ave and King Street North

📝 Listing Description

Turnkey Location for Quick Service Restaurant For Sale , Convert to your desire Brand- Prime University Area Location. Two Major Universities , University of Waterloo Laurier and Conestoga Campuses Excellent opportunity to own a well-established quick service restaurant located in one of the busiest food plazas near a major university. Surrounded by student housing, residential communities, retail stores, and commercial businesses, this high-traffic location offers outstanding visibility and consistent customer flow throughout the year. This fully equipped turnkey restaurant is ideal for owner-operators, investors, or entrepreneurs looking for a profitable food business opportunity in a thriving area. Commercial Hood and all other equipment are included. The business currently operates as a franchise; however, one of the biggest advantages is the flexibility to continue with the existing brand or convert the space into another food concept, subject to landlord approval. Rent is $5220 plus TMI with Long Lease Until 2034, Prime High-Traffic Location Near University. Busy Food Plaza With Strong Foot Traffic. Excellent Exposure & Visibility. Fully Equipped Commercial Kitchen. Dine-In, Takeout & Delivery Potential. Plenty Of Parking Available This location offers excellent growth potential with strong demand from students, local residents, office workers, and delivery platforms. A rare opportunity to secure a premium restaurant space in a highly desirable and rapidly growing area.

🏠 Property Details

Property TypeCommercial
StyleSale Of Business
Bathrooms2

📐 Lot & Land

Lot Width16 ft
Lot Depth50 ft
Cross StreetUniversity Ave and King Street North

🔧 Building & Utilities

HeatingGas Forced Air Open
CoolingYes
GarageNone

🧮 Mortgage Calculator

$29,800
Est. Monthly Payment
$732/mo
Principal: $119,200 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by HOMELIFE/MIRACLE REALTY LTDData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13206030 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.