#2 150 UNIVERSITY Avenue West, Waterloo - Business for Sale
#2 150 UNIVERSITY Avenue West, Waterloo, Ontario, N2L3E4
This business in Waterloo is for sale. It has been on the market 35 days, fresher than the Waterloo average of 67 days.
Description
Exceptional opportunity to own a well-positioned Bingsu café in Waterloo, ideally situated near the university with excellent exposure, strong pedestrian and student traffic, and ample parking for customers. The business benefits from a prime location in a vibrant and highly sought-after area, offering significant potential for continued growth. A new 5-year lease commenced in July 2026, with two additional 5-year renewal options, providing long-term stability and flexibility for the next owner. The business also includes an established photo studio, generating approximately $500–$700 per month in additional income. An excellent opportunity for an owner-operator looking to take over an established concept or an investor seeking a business with multiple revenue streams and long-term lease potential. (id:66096)
Property Details
- MLS®
- 40860810
- Property Type
- Business
- Basement
- None
- Listed
- 35 days ago
Features
- Lot Features
- Visual exposure
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 35 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 35 days, which is 32 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 $150,000, about 2.2× the local median household income of $69,500.
Carrying it typically needs a household income of about $29,300 (20% down, 25-yr amortization, stress-tested) — within reach of 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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$150,000
Waterloo