For Sale
646 Erb St Street W
Waterloo, ON
$149,888
0Bd
0Ba
—sqft
70 x 57 mlot
CommercialMLS# X12869228Listed 2026-03-1138 DOM
On the market for 38 days — longer than average. The seller may be open to negotiation.
About this home
*****Ghost Kitchen Asset Sale & Lease Takeover***** Excellent opportunity to acquire a fully equipped restaurant through an asset sale in a busy commercial plaza in Waterloo. The premises are approximately 1,426 sq ft and feature a full commercial kitchen with hood ventilation, cooking equipment, refrigeration, prep stations and leasehold improvements already in place. Ideal for restaurant, takeout, ghost kitchen or delivery-based food concepts. Located in a high traffic area with strong surrounding residential density and convenient access for customers and delivery services. Asset sale only. Real estate not included. Financial statements are not available as this is strictly an asset sale. Buyer to assume existing lease subject to landlord approval.
Features
- Yes
Financials
Annual Taxes
$23
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield20.0% – 64.0%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Waterloo
Days on market38 days
Buyer's MarketSeller's Market
Based on active listings in Waterloo. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
63
/ 100
Walk Score
Somewhat Walkable
42
/ 100
Transit Score
Some Transit
55
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
You may also like
More homes in Waterloo
Hand-picked listings with a similar price range and style.
For Sale2 days ago
$149,990
Commercial
est. $877/mo
430 The Broadwalk N/A 105 #105
Waterloo, ON
0 bd
0 ba
—
—
MLS# X13008540Re/Max Gold Realty Inc.
For Sale1 month ago
$140,000
Commercial
est. $821/mo
258 King Street North Street N 1 #1
Waterloo, ON
0 bd
1 ba
—
—
MLS# X12878740Best Union Realty Inc.
For Sale8 days ago
$169,000
Commercial
est. $983/mo
239 Weber Street N
Waterloo, ON
0 bd
1 ba
—
—
MLS# X12981294Homelife/Miracle Realty Ltd
For Sale2 months ago
$165,000
Commercial
est. $961/mo
347 Erb Street W
Waterloo, ON
0 bd
0 ba
—
—
MLS# X12846012Homelife/Miracle Realty Ltd