280 Lester Street Unit 111
Waterloo, ON N2L 0G2
About This Property
Exceptional commercial investment opportunity in Waterloo's thriving university district. This 810 sq. ft. corner unit is ideally located within walking distance of the University of Waterloo and Wilfrid Laurier University, offering excellent visibility and consistent foot traffic. Currently leased to BerryBir & Beans Restaurant at $3,000 + HST/month (Rent increases by 3% each year) plus $627.14 of monthly Condo fee and utilities until September 30, 2028 with another 3 years renewal option, providing stable income and strong cash flow. Previously operated as a successful restaurant, this turnkey investment includes one parking space(#51) and offers outstanding long-term growth potential.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13473114
Listed by HomeLife Power Realty Inc
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.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$2,783
/month · $455,920 mortgage
Amortization
Total Interest
$378,949
Total Cost
$834,869
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
HomeLife Power Realty Inc