Connie Huibers - Coldwell Banker Momentum Logo
$899,000
( $492.87Per Sq Foot )
 $4,826 est/mo Sourced by Back At You

318 Spruce Street 102,Waterloo, ON N2L 0E9

Waterloo, ON N2L 0E9

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Description

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.

Details

MLS #X13574980
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site48
Listing Provided ByAIMHOME REALTY INC. | X13574980 090900

Features

SQ Feet1,824
Acreage0.04

Interior

CoolingYes

Exterior

Community FeaturesPublic Transit
Security FeaturesYes

Utilities

UtilitiesAvailable

Taxes

Tax Annual Amount19000
Tax TypeAnnual
Tax Year2025

Area Information

ProvinceON
RegionWaterloo
CityWaterloo
Postal CodeN2L 0E9
Listing VS Median (in N2L 0E9)
Price:
$899,000
low | high
Med:
$899,000
50% of Average
sqft:
1,824
low | high
Med:
1,824
50% of Average
$ / sqft:
$493
low | high
Med:
$493
50% of Average
On site:
48
low | high
Med:
48
100% of Average
Sourced by Back At You

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Additional Information

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Contact

Learn More About This Property

Connie Huibers

Connie Huibers

Momentum Realty

Real Estate Broker (905) 988-7778connie-huibers@coldwellbanker.ca
ProvinceON
RegionWaterloo
CityWaterloo
Postal CodeN2L 0E9
Listing VS Median (in N2L 0E9)
Price:
$899,000
low | high
Med:
$899,000
50% of Average
sqft:
1,824
low | high
Med:
1,824
50% of Average
$ / sqft:
$493
low | high
Med:
$493
50% of Average
On site:
48
low | high
Med:
48
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $674K - $1.123M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
318 Spruce Street 102 Property Photo 1
$899,000
318 Spruce Street 102
Waterloo, ON N2L 0E9
6-303 King Street N Property Photo 1
$2,799
6-303 King Street N
Waterloo, ON N2J 2Z1
4-303 King Street N Property Photo 1
$2,599
4-303 King Street N
Waterloo, ON N2J 2Z1
Listing Updated: July 16, 2026 at 10:42:20 PM PDT

Connie Huibers - Coldwell Banker Momentum