25 University Avenue E, Waterloo
PROFITABLE AND WELL ESTABLISHED CANNBIS retail business in a highly visible and accessible UNIVERSITY AREA OF WATERLOO. Situated on a major corridor near University of Waterloo, Wilfred Laurier University and Conestoga college, this turnkey operation benefits from strong pedestrian and vehicle traffic, a growing customer base, and a strategic position within one of Waterloo's most active commercial districts. The business offers a modern retail environment, established supplier relationships, and a diverse selection of cannabis products and accessories. The area is surrounded by residential neighbourhoods, student housing, restaurants, and retail amenities, creating consistent year-round demand. Ideal opportunity for an owner-operator or investor looking to expand within Ontario's cannabis retail sector. Inventory extra. Purchaser must independently obtain all required approvals, permits, and licences to operate the business. Current lease is signed for 5 years, can be renewed for another 5 years term. Total area 1850 sq ft. Rent is $13500/MONTH including TMI and HST. (id:1945)
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Property details for 25 University Avenue E, Waterloo
- Type
- Commercial
- Basement
- None
Nearby Listings Stat
Estimated price and comparable properties near 25 University Avenue E
Active Listings
323
Min Price
$10,000
Max Price
$14,880,000
Avg Price
$860,283
Days on Market
78
days
Sold Listings
128
Min Sold Price
$99,000
Max Sold Price
$1,699,900
Avg Sold Price
$663,358
Days until Sold
72
days
Neighbourhood Census Data
Waterloo, Ontario
Population
453
Median Age
24
Median Income
$17,675
Housing Tenure
Owners 11%
Renters 89%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 1,601.8/km²
Owners with Mortgage: 0%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 55%
English only: 89.9%
English and French: 10.1%
Median Household Income: $32,704
Median Employment Income: $13,248
Price History
Listed
June 5, 2026
by CENTURY 21 RIGHT TIME REAL ESTATE INC.
Current Price
$450,000
Type
Commercial
For Sale
