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170 UNIVERSITY Avenue W Unit# 21, Waterloo, Ontario, N2L3E9

MLS: 40826326 | Business

$299,000

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Property Description

Take advantage of a rare opportunity to assume a fully equipped restaurant space in one of Waterloo’s busiest and most desirable commercial corridors. Located on University Ave W, just steps from Wilfrid Laurier University and the University of Waterloo, this location benefits from heavy foot traffic, a dense student population, nearby high-rise residences, and constant daily activity. Situated in a high-traffic plaza, the unit occupies one of the most prominent and visible locations within the property, offering excellent exposure and strong walk-in potential. With just under 1,000 sq. ft., the space is ideally sized for a wide range of quick-service restaurant concepts. Its efficient layout provides a favourable rent-to-value ratio, making it cost-effective without compromising visibility or impact. The restaurant is fully equipped and includes a 16-foot commercial exhaust hood capable of supporting a variety of food operations, along with a custom Neapolitan Italian-style oven suitable for high-temperature baking, artisan pizza, and other specialty cooking concepts. The existing equipment configuration, including the 16-foot exhaust hood and high-temperature oven, makes the space particularly well-suited for Middle Eastern or Turkish cuisine, while remaining flexible for a wide range of other concepts. Opportunities also exist to continue the existing concept or introduce an entirely different use. (id:64974)

Directions: University Ave W - Phillip St

Quick Facts

  • Property Type: Business
  • Bedrooms: None
  • Bathrooms: None

Listing Provided by: RE/MAX Twin City Realty Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

  • Basement: None

Listing Information

MLS® Number40826326
BoardCornerstone
Originating SystemCornerstone Association of REALTORS®
BrokerageRE/MAX Twin City Realty Inc.
Date ListedMay 1, 2026
Last UpdatedMay 1, 2026

Listing History

MLS listing activity for 170 UNIVERSITY Avenue W Unit# 21, Waterloo, Ontario, N2L3E9 — dates reflect when changes were recorded in the DDF

DateDays on MarketPriceEventListing ID
5/1/20260$299,000Listed (For Sale)40826326

Location & Neighborhood

📍170 UNIVERSITY Avenue W Unit# 21, Waterloo, Ontario, N2L3E9

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Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo

Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes

Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes

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Cathy Dou
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170 UNIVERSITY Avenue W Unit# 21, Waterloo, Ontario, N2L3E9

ASAP
 
SAT
2
May
SUN
3
May
MON
4
May
TUE
5
May
WED
6
May
THU
7
May
FRI
8
May
MorningAfternoonEvening
Cathy Dou
Cathy Dou
Broker of Record
[email protected]647-691-6364
Ask a Question