8 ERB STREET W, Waterloo

$109,000

For sale: Other

Other at 8 ERB STREET W, Waterloo
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® X13248484

Great opportunity to take over a modern restaurant space in the heart of downtown Waterloo. Located on a busy corner with huge wraparound windows and excellent exposure, this spot gets plenty of natural light and strong foot traffic throughout the day. The space is nicely finished with quality equipment and a flexible layout that can work for many different food concepts. Clean, professional setup with a modern feel, ready for a new owner to start operating right away.15 ft hood. 55 indoor seats and 20 patio seats. Basement included. 2 walk in coolers and 1walk-in freezer. Rent $9,910 (TMI & HST included). 2 years remaining plus a 5-year option to renew.

Sold data

Homes in Waterloo — recent sold market

Homes in Waterloo took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 44, across 285 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.

The median sale price was $674,900.

Homes sold for about 1.9% below asking on average, so there was room to negotiate.

About 29% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$674,900
Sale-to-list ratio
98.1%
Sold above asking
29%

Based on 285 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 8 ERB STREET W