$569,900
( $703.58Per Sq Foot )
 $3,059 est/mo Sourced by Back At You

280 Lester Street 111,Waterloo, ON N2L 0G2

Waterloo, ON N2L 0G2

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Description

Exceptional commercial investment opportunity in Waterloo's thriving university district. This 810 sq. ft. corner unit is ideally located within walking distance of the University of Waterloo and Wilfrid Laurier University, offering excellent visibility and consistent foot traffic. Currently leased to BerryBir & Beans Restaurant at $3,000 + HST/month (Rent increases by 3% each year) plus $627.14 of monthly Condo fee and utilities until September 30, 2028 with another 3 years renewal option, providing stable income and strong cash flow. Previously operated as a successful restaurant, this turnkey investment includes one parking space(#51) and offers outstanding long-term growth potential.

Details

MLS #X13473114
Listing TypeFor Sale
Sub-TypeResale
StatusSold Conditional
Year0
Days On Site68
Listing Provided ByHomeLife Power Realty Inc | X13473114 558800

Features

Bath(s)1
SQ Feet810
Acreage0.02

Interior

CoolingYes

Exterior

Community FeaturesPublic Transit, Recreation/Community Centre
Security FeaturesYes

Utilities

UtilitiesYes
SewerStorm

Taxes

Tax Annual Amount8987.06
Tax Assessed Value277000
Tax TypeAnnual
Tax Legal DescriptionUNIT 11, LEVEL 1, WATERLOO STANDARD CONDOMINIUM PLAN NO. 626 AND ITS APPURTENANT INTEREST SUBJECT TO EASEMENTS AS SET OUT IN SCHEDULE A AS IN WR1019421 CITY OF WATERLOO.
Tax Year2026

Area Information

ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2L 0G2
Listing VS Median (in N2L 0G2)
Price:
$569,900
low | high
Med:
$569,900
50% of Average
sqft:
810
low | high
Med:
810
50% of Average
$ / sqft:
$704
low | high
Med:
$704
50% of Average
On site:
68
low | high
Med:
68
100% of Average
Sourced by Back At You

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Additional Information

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Contact

Learn More About This Property

INGA VAISMAN

INGA VAISMAN

Coldwell Banker The Real Estate Centre

 (647) 309-2924inga.vaisman@gmail.com
ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2L 0G2
Listing VS Median (in N2L 0G2)
Price:
$569,900
low | high
Med:
$569,900
50% of Average
sqft:
810
low | high
Med:
810
50% of Average
$ / sqft:
$704
low | high
Med:
$704
50% of Average
On site:
68
low | high
Med:
68
100% of Average
Sourced by Back At You
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sqft: 608 - 1,000
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Listing Updated: August 18, 2026 at 5:50:35 PM PDT