Overview

This other in Waterloo is for sale offering roughly 1,198 sq ft of space. It has been on the market 7 days, fresher than the Waterloo average of 67 days.

All real estate in Waterloo →

Description

An exceptional opportunity to own a newly built Dental Office in a prime Waterloo location close to both universities! This approximately 1,198 sq. ft. commercial unit is exclusively designed for dental use and ideally situated within walking distance of both the University of Waterloo and Wilfrid Laurier University. Enjoy excellent storefront visibility and exposure to steady pedestrian traffic in this highly desirable location. Thoughtfully designed and beautifully finished, the unit features a welcoming reception desk, a comfortable patient waiting area, five dental treatment rooms, and a full bathroom. This property presents an excellent opportunity for dental professionals looking to establish or expand their practice, as well as investors seeking a specialized commercial property in a sought-after location. Don't miss this outstanding opportunity to own a dental office in the heart of Waterloo, close to two major universities. Contact us today for more information or to arrange a private viewing! (id:66096)

Property Details

MLS®: 40874679
Property Type: Other
Zoning: GR
Parking: 1
Interior Size: 1,198 ft²
Building Area: 1,198 ft²
Storeys: 1
Basement: None
Condo Fee: $870/mo
Fee Includes: Landscaping, Property Management, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Listed: 7 days ago

Features

Foundation: Poured Concrete
Exterior: Brick, Metal
Lot Features: Paved driveway

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Natural Gas, Electricity, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Waterloo listings, avg age

67d

Price / ft²

$835

List price

$1M

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.

Haho

This other in Waterloo has been listed for 7 days, which is 60 days fresher than the city average of 67. Act while there is still low competition.

Set a price alert Book a showing

Area context

Neighbourhood profile (N2L)

This home lists at $1,000,000, about 14.4× the local median household income of $69,500.

Carrying it typically needs a household income of about $195,335 (20% down, 25-yr amortization, stress-tested) — roughly 181% 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)

$1,000,000· $835/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

#7 280 LESTER Street, Waterloo - Other for Sale