#101 646 ERB Street West, Waterloo - Business for Sale
#101 646 ERB Street West, Waterloo, Ontario, N2T2K8
Description
Rare opportunity to purchase a CANNABIS retail business in a high-exposure Waterloo location. Situated in a busy commercial plaza along Erb Street West, this turnkey operation offers strong visibility, ample parking, and excellent growth potential. Buyer to obtain all required licences and regulatory approvals. Inventory extra. Total area 1150 sq ft. The rent is $6500 including TMI and HST. (id:66096)
Property Details
- MLS®
- 40854671
- Property Type
- Business
- Basement
- None
- Listed
- 86 days ago
Market Timing
Long Listed: 86 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 is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N2T)
This home lists at $85,000, about 0.7× the local median household income of $127,000.
Carrying it typically needs a household income of about $16,603 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $127,000
- Population
- 20,634
- Median age
- 41.2
- Owner / renter
- 85% / 15%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA N2T)
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$85,000
Waterloo