For Sale

23 King Street, Waterloo, Ontario N2J 2W6

$328,000

23 King Street, Waterloo, Ontario N2J 2W6 is For Sale and has a listing price of 328,000. The property is located in the Waterloo . It's been on the website for 1 Day.

  • Sale Of Business
    Property Type
  • MLS ID: X12724008
  • Office Name REMAX YC REALTY
Property Description

An exceptional opportunity to acquire a fully built-out, turnkey restaurant in one of Uptown Waterloo’s most sought-after dining corridors. This beautifully designed space features a brand-new, fully equipped commercial kitchen, along with a liquor license already approved, allowing for a seamless and immediate takeover. Currently operating as a well-established and profitable franchise, the business offers full flexibility, continuing with the existing brand and revenue stream, or rebrand and launching your own unique restaurant concept without the cost and delay of a new build-out. Boasting prime street-front exposure on King Street, strong pedestrian traffic, and a warm, inviting interior that appeals to both casual diners and repeat customers, this location is ideally positioned for long-term success. A secure lease in place until November 30, 2030, plus a 5-year renewal option, provides stability and confidence for future growth. A rare chance to step into a fully operational restaurant in a high-demand location, ideal for experienced operators, first-time restaurateurs, or investors seeking a premium hospitality asset.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12724008
  • Price: $328,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: N/A
  • Ref ID: X12724008
  • Dir / Cross St: Between Erb and Bridgeport on King st Uptown Waterloo
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
01/23/2026 X12724008 $328,000 For Sale - -
12/08/2025 X12609690 $388,000 For Sale - -
10/27/2025 X12484040 $388,000 For Sale - -
12/30/2024 X11902476 $99,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Waterloo
  • $798,374 Average List Price
    based on 1 year
  • 195 New Listings
    based on 30 days
  • 76 Median Days on Market
    based on 1 year
  • List vs. Selling Price 118.09 % Up
  • Sold (12mo) 654
  • Rented (12mo) 253

  • 1 Month Change +0.7%
  • 3 Month Change -0.5%
  • 6 Month Change -39.6%
Walkscore
Property Type Distribution
  • All Houses
    44.7%
  • Commercial
    6.42%
  • Condo
    48.79%
  • Land for Sale
    0.09%
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 23/01/2026 15:21:34
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