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280 LESTER Street Unit# 111 Waterloo

280 LESTER Street Unit# 111, Waterloo, Ontario

$569,900

  • 810 Square Feet

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. (id:23309)

  • Listing ID: 40841759
  • Property Type: Other
  • Year Built: 2017

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Details

  • Amenities Nearby: Hospital, Public Transit, Schools
  • Communication: High Speed Internet
  • Features: Paved driveway
  • Maintenance Fee: 627.14
  • Maintenance Fee Type: Insurance, Heat, Landscaping, Property Management, Water, Parking
  • Maintenance Fee Payment Unit: Monthly
  • Ownership: Condominium
  • Parking Spaces: 1
  • Transaction: For sale
  • Zoning Description: GR

Building

  • BasementType: None
  • Constructed Date: 2017
  • Exterior Finish: Brick, Metal
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Size Exterior: 810.0000
  • Size Interior: 810 sqft
  • Stories Total: 1
  • Type: Residential Commercial Mix
  • Utility Water: Municipal water

Land

  • Access Type: Road access, Highway access
  • Amenities: Hospital, Public Transit, Schools
  • Sewer: Municipal sewage system
MLS®

Listing provided by Homelife Power Realty Inc.
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REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 280 LESTER Street Unit# 111 in Waterloo Ontario. It was last modified on June 22nd, 2026. Contact Paul Busnello to schedule a viewing or to discover other Waterloo real estate for sale.

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