646 ERB ST STREET W, Waterloo

$149,888

For sale: Other

Other at 646 ERB ST STREET W, Waterloo
Property type
Sale Of Business
MLS®
MLS® X13822704

*****Ghost Kitchen Asset Sale & Lease Takeover***** Excellent opportunity to acquire a fully equipped restaurant through an asset sale in a busy commercial plaza in Waterloo. The premises are approximately 1,426 sq ft and feature a full commercial kitchen with hood ventilation, cooking equipment, refrigeration, prep stations and leasehold improvements already in place. Ideal for restaurant, takeout, ghost kitchen or delivery based food concepts. Located in a high traffic area with strong surrounding residential density and convenient access for customers and delivery services. Asset sale only. Real estate not included. Financial statements are not available as this is strictly an asset sale. Buyer to assume existing lease subject to landlord approval

Sold data

Homes in Waterloo — recent sold market

Homes in Waterloo took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 41, across 244 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.

The median sale price was $686,000.

Homes sold for about 1.1% below asking on average, so there was room to negotiate.

About 36% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$686,000
Sale-to-list ratio
98.9%
Sold above asking
36%

Based on 244 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Waterloo

Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.

Rated schools
31
Elementary
27
Secondary
4
Average rating
6.8 / 10

Top-rated schools in Waterloo

  • Millen Woods — elementaryFraser rating 8.9/10
  • Sir John A Macdonald — secondaryFraser rating 8.7/10
  • Abraham Erb — elementaryFraser rating 8.6/10
  • Laurelwood — elementaryFraser rating 8.5/10
  • Vista Hills — elementaryFraser rating 8.5/10
  • Mary Johnston — elementaryFraser rating 8.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 646 ERB ST STREET W