Commercial/retail For Sale - 318 Spruce St, Waterloo, Ontario N2L 3M7

location_on 318 Spruce St, Waterloo

Commercial/retail

318 Spruce St

Waterloo, Ontario N2L 3M7

$799,000

For Sale

Property Information

This is your opportunity to own a prime commercial condo in Waterloo with an incredible tenant, Hyderabad Cafe, on a new 10-year triple-net lease, ensuring hassle-free, passive income! Located on one of the most densely populated blocks, the unit sits on the ground floor of Sage 2 Condo’s a premium student residence and is surrounded by thousands of potential customers/students, just steps from Wilfrid Laurier University and the University of Waterloo. This investment offers constant foot traffic and high visibility, making it ideal for stable returns. With Hyderabad Cafe as an established tenant, you gain immediate, long-term income in a high-demand area with minimal management requirements. Perfect for investors looking to add a worry-free asset to their portfolio in one of Waterloo’s most dynamic neighbourhoods.

Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : X9513395
Price : $799,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 18
Address
Postal Code : N2L 3M7
City : Waterloo
Street : Spruce
Street Number : 318
Street Suffix : St
Floor Number : 0
Longitude : W81° 28' 24.3''
Latitude : N43° 28' 43.8''
Features
Heating System : Gas Forced Air Open
Elevator : None
Brokerage
Office Name : HARVEY KALLES REAL ESTATE LTD.
Extra Information
address/unit_number : 105
Air Conditioning : Y
Area : Waterloo
living_area : 0
living_area_unit : Sqft
Lease : Sale
Tax Year : 2024

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318 Spruce St Waterloo, Ontario N2L 3M7