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MLS® X13574974
Waterloo, ON
Exceptional opportunity to own a prime commercial condominium together with a well-established convenience and vape business in the heart of Waterloo's thriving university district. Whether you're an investor seeking stable rental income or an owner-operator looking to run your own business, this property offers outstanding flexibility and long-term growth potential. Located on the ground floor of Sage 2 Condos, this premium retail unit is just steps from the University of Waterloo and Wilfrid Laurier University. Surrounded by thousands of students and residents, the area has a limited supply of retail space, creating exceptional demand and consistent pedestrian traffic. This attractive 1,824 sq. ft. commercial unit features 15-foot clear ceilings with no interior support columns, providing a bright, open layout with excellent visibility and direct street exposure. The property also includes one underground parking space, one storage locker, a kitchen, and a private washroom, making it suitable for a wide range of retail, food service, medical, professional, or office uses.The owner currently operates a successful convenience store and vape shop, and a liquor licence is available. The purchaser has the flexibility to continue operating the existing business or take vacant possession and establish a new business concept.
Inclusions
The sale includes all permanently affixed fixtures located on the Property, including, without limitation, all built-in display cabinets, shelving, counters, display racks, coolers, freezers, kitchen equipment, ventilation hood, sinks, plumbing fixtures, lighting fixtures, signage (if affixed), and all other equipment, machinery, and improvements that are permanently attached to or secured to the floors, walls, or ceilings of the premises.
Broker
AIMHOME REALTY INC.
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Commercial Retail
318 Spruce Street #102 Waterloo
Waterloo
Type
Commercial Retail
Parking
Underground
Property Tax
~$19,000/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
1824 sqft
Parking
Underground
Finances
List Price
$899,000
Price per SQFT
$493/sqft
Property Tax
~$19,000/yr
Property Specs
Property Type
Commercial Retail
MLS Size
1824 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
Waterloo
Listed On
Jul 16, 2026
Public Transit
Days on Market
Current: 113 days
Room information is not available for this listing.
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