Matthew Tenk
Broker of Record
105 - 318 Spruce Street Waterloo, Ontario N2L 3M7
$799,000
This is your opportunity to own a prime commercial condo in Waterloo with an incredible tenant, Hyderabad Cafe, on a new 10-year triple-net lease, ensuring hassle-free, passive income! Located on one of the most densely populated blocks, the unit sits on the ground floor of Sage 2 Condo's a premium student residence and is surrounded by thousands of potential customers/students, just steps from Wilfrid Laurier University and the University of Waterloo. This investment offers constant foot traffic and high visibility, making it ideal for stable returns. With Hyderabad Cafe as an established tenant, you gain immediate, long-term income in a high-demand area with minimal management requirements. Perfect for investors looking to add a worry-free asset to their portfolio in one of Waterloo's most dynamic neighbourhoods. (id:39551)
Property Details
| MLS® Number | X9513395 |
| Property Type | Retail |
Building
| Cooling Type | Fully Air Conditioned |
| Fireplace Present | No |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 1950 Sqft |
| Type | Retail |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/27587300/105-318-spruce-street-waterloo
Interested?
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Toronto Real Estate Board
Harvey Kalles Real Estate Ltd.
October 28 2024 02:15:39
