158 University Avenue Unit 1 photo 1

158 University Avenue Unit 1

Waterloo, ON N2L 3E9

ActiveFor Sale
0 Beds
0 Baths
Commercial

About This Property

Thriving Opportunity in Waterloo! Located in a highly popular student plaza on University Ave, this is the only Tikka Grill in Waterloo - and one of the top-perform in locations in the chain. Enjoy reasonable rent, strong neighboring businesses, and a prime location with steady foot traffic. All menu items are prepared fresh on-site, ensuring excellent quality and manageable food costs. Despite absentee ownership, the store has continued to perform exceptionally well. A hands-on owner could further increase sales and streamline operations. The business comes with an experienced, well-trained staff already in place. Continue running the successful Tikka Grill brand or rebrand with your own concept - the choice is yours!

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Bedrooms0
Bathrooms0
Postal CodeN2L 3E9
Last UpdatedAug 8, 2026 · 5:06 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12498694

Listed by HOMELIFE/MIRACLE REALTY LTD

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$399,000

asking price

MLS®X12498694
TypeCommercial
CityWaterloo
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$1,948

/month · $319,200 mortgage

Down Payment20% — $79,800
Interest Rate5.5%

Amortization

Total Interest

$265,311

Total Cost

$584,511

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

HOMELIFE/MIRACLE REALTY LTD