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2 Baths
1,087 sqft

C$149,000

255 King Street N, Waterloo ON, N2J 4V2

Price per sqftC$137.07
Property size1,087 sqft
Property typeCommercial

Overview

Under contract

Sold Conditional

Listed May 27, 2026

Updated 8 days ago

Turnkey Location for Quick Service Restaurant For Sale , Convert to your desire Brand- Prime University Area Location. Two Major Universities , University of Waterloo Laurier and Conestoga Campuses Excellent opportunity to own a well-established quick service restaurant located in one of the busiest food plazas near a major university. Surrounded by student housing, residential communities, retail stores, and commercial businesses, this high-traffic location offers outstanding visibility and consistent customer flow throughout the year. This fully equipped turnkey restaurant is ideal for owner-operators, investors, or entrepreneurs looking for a profitable food business opportunity in a thriving area. Commercial Hood and all other equipment are included. The business currently operates as a franchise; however, one of the biggest advantages is the flexibility to continue with the existing brand or convert the space into another food concept, subject to landlord approval. Rent is $5220 plus TMI with Long Lease Until 2034, Prime High-Traffic Location Near University. Busy Food Plaza With Strong Foot Traffic. Excellent Exposure & Visibility. Fully Equipped Commercial Kitchen. Dine-In, Takeout & Delivery Potential. Plenty Of Parking Available This location offers excellent growth potential with strong demand from students, local residents, office workers, and delivery platforms. A rare opportunity to secure a premium restaurant space in a highly desirable and rapidly growing area.

Additional information

MLS® ID
X13206030

Interior Features

Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Also listed on ITSO

 

Courtesy of Listed by , HOMELIFE/MIRACLE REALTY LTD,

Based on information from the Toronto Regional Real Estate Board. 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. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 2:51 AM UTC, 10/20/2026

 

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