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23 King Street

Waterloo, ON N2J 2W6

ActiveFor Sale
0 Beds
0 Baths
2,500 Sq Ft
Commercial

About This Property

Turnkey restaurant opportunity in prime Uptown Waterloo on King Street! Recently renovated and thoughtfully designed, this beautifully finished space is fully equipped with a brand-new commercial kitchen, with all equipment fully owned and included. No rentals or additional equipment contracts to assume. A recently approved LLBO license allows for up to 72 seats, including a patio, offering excellent revenue potential and allowing for immediate operation. Currently operating as a well-known and profitable franchise, this opportunity offers the flexibility to continue the existing successful brand or seamlessly convert to your own unique restaurant concept. Excellent street exposure, strong foot traffic, and a warm, inviting interior make this an exceptional location for long-term success. Lease secured until November 30, 2030 with a 5-year renewal option. A rare opportunity to acquire a fully built-out, recently upgraded restaurant in one of Waterloo's most desirable and high-demand dining districts.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size2,500 sq ft
Bedrooms0
Bathrooms0
Postal CodeN2J 2W6
Last UpdatedAug 8, 2026 · 3:58 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13177870

Listed by REMAX YC REALTY

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.

$289,000

asking price

MLS®X13177870
TypeCommercial
CityWaterloo
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$1,411

/month · $231,200 mortgage

Down Payment20% — $57,800
Interest Rate5.5%

Amortization

Total Interest

$192,168

Total Cost

$423,368

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

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Listed By

REMAX YC REALTY