6B - 140 UNIVERSITY AVENUE W, Waterloo

$330,000

For sale: Other

Other at 6B - 140 UNIVERSITY AVENUE W, Waterloo
Property type
Sale Of Business
MLS®
MLS® X13219054

Well Established Famous Restaurant. Located at 140 University Ave W, in a high-traffic,high-visibility And One of the most prominent retail plazas. Turnkey opportunity to own a very profitable Korean restaurant in one of Waterloos busiest commercial corridors, Best Location Close to the University of Waterloo and Wilfrid Laurier. This location sees over 40,000 daily foot traffic, ensuring consistent high-volume business. Fully Equipped Kitchen All equipment included. 1,880 sq ft W/ 68 Seats of LLBO Licensed.***Gross Rent $9,250/m included in TMI & Water. Open Hours: Monday - Saturday, 12PM - 11PM | Sunday Closed. ***This is a#1 spot for a restaurant in Waterloo - ideal for investors, owner-operators, or expanding brands looking for strong income.***

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.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 6B - 140 UNIVERSITY AVENUE W