$ 590,000

140 University Avenue W Unit# 2-5, Waterloo

Prime Investment Opportunity, Own a landmark commercial business in the heart of Waterloo's thriving university district,presenting a rare opportunity to acquire a well-established business and income-producing commercial asset in the highly sought-after University Plaza, directly serving the vibrant communities of the University of Waterloo and Wilfrid Laurier University.Surrounded by thousands of students, faculty members, professionals, and local residents, this prime location enjoys exceptional visibility, consistent foot traffic, and strong year-round consumer demand. Prime location in Waterloo's premier university commercial district Established supermarket with a loyal customer base and strong local reputation Fully equipped and operational, ready for seamless ownership transition Excellent accessibility with ample parking and convenient transit connections Ideal for owner-operators or investors seeking stable long-term value Reliable Rental Income In addition to the supermarket operation, the property features several established tenants, including: A vape retail store An arcade entertainment venue A Chinese restaurant These leased spaces generate approximately CAD $13,000 in monthly rental income, providing immediate, stable cash flow while enhancing the property's overall investment performance. Located in one of Waterloo's strongest and most resilient retail markets Supported by two internationally recognized universities with a large, year-round customer base Multiple income streams through both business operations and rental revenue Strong long-term appreciation potential driven by continued population growth and commercial development Whether you are an experienced investor, an entrepreneur looking to expand your portfolio, or an owner-operator seeking a flagship location, offers an exceptional combination of stable income, operational potential, and long-term capital appreciation. (id:1945)
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Property details for 140 University Avenue W Unit# 2-5, Waterloo

Type
Commercial
Basement
None

Nearby Listings Stat

Estimated price and comparable properties near 140 University Avenue W Unit# 2-5

Active Listings
340
Min Price
$10,000
Max Price
$14,880,000
Avg Price
$844,911
Days on Market
79
days
Sold Listings
130
Min Sold Price
$99,000
Max Sold Price
$1,699,900
Avg Sold Price
$656,530
Days until Sold
70
days

Neighbourhood Census Data

Waterloo, Ontario

Population
1,024
Median Age
21.5
Median Income
$7,755

Housing Tenure

Renters 95%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.4
Pop. Density: 2,596.3/km²
Owners with Mortgage: 0%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 77%
English only: 95.1%
English and French: 4.9%
Median Household Income: $17,280
Median Employment Income: $10,841

Price History

Listed
July 11, 2026
by Royal LePage Peaceland Realty
Current Price
$590,000
-21.3% from last change
Type
Commercial
For Sale
Price Changes
1
Date Price Change
Current $590,000 $160,000 (-21.3%)
Aug 11, 2026 $750,000 Listed

Contact Agent Get in touch about 140 University Avenue W Unit# 2-5, Waterloo

Li Zhang
Royal LePage Peaceland Realty