25 UNIVERSITY Avenue E
Waterloo, Ontario
MLS® 40837020
$450,000
- Status
- Active
- Property type
- Business
- MLS® number
- 40837020
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 14Listing description
PROFITABLE AND WELL ESTABLISHED CANNBIS retail business in a highly visible and accessible UNIVERSITY AREA OF WATERLOO. Situated on a major corridor near University of Waterloo, Wilfred Laurier University and Conestoga college, this turnkey operation benefits from strong pedestrian and vehicle traffic, a growing customer base, and a strategic position within one of Waterloo's most active commercial districts. The business offers a modern retail environment, established supplier relationships, and a diverse selection of cannabis products and accessories.
The area is surrounded by residential neighbourhoods, student housing, restaurants, and retail amenities, creating consistent year-round demand. Ideal opportunity for an owner-operator or investor looking to expand within Ontario's cannabis retail sector. Inventory extra.
Purchaser must independently obtain all required approvals, permits, and licences to operate the business. Current lease is signed for 5 years, can be renewed for another 5 years term. Total area 1850 sq ft.
Rent is $13500/MONTH including TMI and HST.
Property summary
- MLS® number
- 40837020
- Property type
- Business
- Days on market
- 82 days
Features & details
- Basement
- None
What would this home cost you?
Based on the $450,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CENTURY 21 RIGHT TIME REAL ESTATE INC., KITCHENER.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.