50 WESTMOUNT Road North, Waterloo - Business for Sale
50 WESTMOUNT Road North, Waterloo, Ontario, N2L6N9
This business in Waterloo is for sale. It has been on the market 55 days, fresher than the Waterloo average of 67 days.
Description
Exceptional opportunity to acquire Agha Restaurant in Waterloo, a spacious and fully established restaurant offering approximately 6,600 sq. ft. of interior space, plus an impressive 850 sq. ft. patio. The restaurant provides a large seating capacity of approximately 286 guests, including 245 indoor seats and 40 patio seats. All Kitchen equipment's are included. The generous layout and substantial seating capacity make this an excellent opportunity for an experienced restaurateur or investor looking for a sizeable, established operation. The space offers flexibility to continue the existing concept or introduce a new restaurant concept, subject to required approvals. Excellent potential for dine-in, private events, catering, takeout and delivery. (id:66096)
Property Details
- MLS®
- X13763532
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- C2
- Frontage
- 87 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 55 days ago
Features
- Appliances
- Furniture
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 55 days on market, against an average age of 67 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Waterloo has been listed for 55 days, which is 12 days fresher than the city average of 67. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N2L)
This home lists at $599,000, about 8.6× the local median household income of $69,500.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 68% above the area median.
- Median household income
- $69,500
- Population
- 37,953
- Median age
- 29.8
- Owner / renter
- 37% / 63%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA N2L)
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$599,000
Waterloo