1 - 347 Erb Street W, Waterloo, ON N2L 1W4
Waterloo · Near Erb St + Amos Ave · View map
About this home
Amazing Convenience Store Business For Sale with High Volume Sales. Higher than industry profit margins with no close competition. Located in convenient plaza within minutes of University of Waterloo. Large 3020 Sqft lease area. Average Monthly Revenue Approx $80,000. Lotto Comn $2400/Mth, Other Income $1450/Mth, New Long Lease 5+5+5+5, Rent $9400/Mth Incl T&I. All Records Available For Verification Upon Acceptance of Conditional Offer. Store Hours M-Sat7.30-9.30, Sun 8-8. Increased Beer and Wine Sales. New Freezer/Cooler (2024), New HVAC (2024).
The home
- Type
- Sale of business
- Lot size
- 250.9 x 195.4 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Garage
- Plaza
- Total parking
- None
Taxes & other
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- TBA
- Cross street
- Erb St + Amos Ave
More
- MLS® number
- X13151388
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
Schools nearby
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Your commute
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Listing history for 347 Erb Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1 - 347 Erb Street W
Answers come straight from this home’s MLS® listing.
How much is 1 - 347 Erb Street W listed for, and what would it cost each month?
1 - 347 Erb Street W is listed for $529,900. With 20% down ($105,980), the mortgage payment would be roughly $2,137 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,469 a month, all in. That figure is an illustration, not a quote.
Is 1 - 347 Erb Street W freehold or a condo, and is there a monthly fee?
1 - 347 Erb Street W is a sale of business in Waterloo. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 1 - 347 Erb Street W have a garage and parking?
Yes. The listing shows the garage as plaza. The listing does not include a parking space.
What style of home is 1 - 347 Erb Street W?
1 - 347 Erb Street W is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 1 - 347 Erb Street W, and what is the lot size?
The lot is listed as 250.9 x 195.4 ft.
How is 1 - 347 Erb Street W heated and cooled?
Heating is gas forced air closed. Cooling is yes.
Where is 1 - 347 Erb Street W?
1 - 347 Erb Street W is in Waterloo. The nearest main intersection is Erb St + Amos Ave. The postal code is N2L 1W4.
Is 1 - 347 Erb Street W still for sale?
Yes. It is an active listing (MLS® X13151388). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 1 - 347 Erb Street W asking?
Similar properties for sale nearby right now include H-5 - 584 Weber Street N at $499,000, 3 - 330 Phillip Street at $499,000 and 494 Albert Street at $486,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 347 Erb Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1 - 347 Erb Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Waterloo, picked by style, size and price.
Sale of business$499,000H-5 - 584 Weber Street N, WaterlooCourtesy of: HOMELIFE MAPLE LEAF REALTY LTD.View home →
Sale of business$499,0003 - 330 Phillip Street, Waterloo2 bathCourtesy of: JDL REALTY INC.View home →
Sale of business$486,000494 Albert Street, Waterloo3 bathCourtesy of: HC REALTY GROUP INC.View home →Courtesy of: ROYAL LEPAGE IGNITE REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.