1B - 140 University Avenue W, Waterloo, ON N2L 6J3
Waterloo · Near university & phillip · View map
About this home
Established tea shop for sale, with lots of other potential uses to be converted. Located in one of the most busiest plaza in City of Waterloo: University Plaza. Right beside University of Waterloo and Wilfrid Laurier University. An excellent opportunity to acquire an established business in a highly desirable university-area location. Situated in an area with strong customer flow and significant pedestrian and vehicle traffic, the business benefits from a large and diverse customer base, including students, university staff, local residents, and surrounding businesses. The location provides excellent visibility and strong potential for continued growth, making it an attractive opportunity for an owner-operator or investor.
The home
- Type
- Commercial retail
- Square footage
- 1461 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Garage
- Plaza
- Total parking
- None
Taxes & other
- Property taxes
- $22/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- university & phillip
More
- MLS® number
- X13748884
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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.
140 University Avenue, Waterloo, ON N2L 6J3
Waterloo · Near university & phillip
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Listing history for 140 University Avenue
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 1B - 140 University Avenue W
Answers come straight from this home’s MLS® listing.
How much is 1B - 140 University Avenue W listed for, and what would it cost each month?
1B - 140 University Avenue W is listed for $29,900. With 20% down ($5,980), the mortgage payment would be roughly $121 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $122 a month, all in. That figure is an illustration, not a quote.
Is 1B - 140 University Avenue W freehold or a condo, and is there a monthly fee?
1B - 140 University Avenue W is a commercial retail 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 1B - 140 University Avenue 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 1B - 140 University Avenue W?
1B - 140 University Avenue W is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 1B - 140 University Avenue W heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 1B - 140 University Avenue W?
Property taxes are $22 a year (2026), or about $2 a month.
Where is 1B - 140 University Avenue W?
1B - 140 University Avenue W is in Waterloo. The nearest main intersection is university & phillip. The postal code is N2L 6J3.
Is 1B - 140 University Avenue W still for sale?
Yes. It is an active listing (MLS® X13748884). Listings here update from the board through the day and come down once a home sells.
What have homes at 140 University Avenue 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 1B - 140 University Avenue 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.
Courtesy of: HOMELIFE LANDMARK REALTY INC.
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.