23 King Street N, Waterloo, ON N2J 2W6
Waterloo · Near Between Erb and Bridgeport on King st Uptown Waterloo · View map
About this home
Turnkey restaurant opportunity in prime Uptown Waterloo on King Street! Recently renovated and thoughtfully designed, this beautifully finished space is fully equipped with a brand-new commercial kitchen, with all equipment fully owned and included. No rentals or additional equipment contracts to assume. A recently approved LLBO license allows for up to 72 seats, including a patio, offering excellent revenue potential and allowing for immediate operation. Currently operating as a well-known and profitable franchise, this opportunity offers the flexibility to continue the existing successful brand or seamlessly convert to your own unique restaurant concept. Excellent street exposure, strong foot traffic, and a warm, inviting interior make this an exceptional location for long-term success. Lease secured until November 30, 2030 with a 5-year renewal option. A rare opportunity to acquire a fully built-out, recently upgraded restaurant in one of Waterloo's most desirable and high-demand dining districts.
The home
- Type
- Sale of business
- Square footage
- 2500 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
- Total parking
- None
Taxes & other
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Between Erb and Bridgeport on King st Uptown Waterloo
More
- MLS® number
- X13873162
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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.
23 King Street, Waterloo, ON N2J 2W6
Waterloo · Near Between Erb and Bridgeport on King st Uptown Waterloo
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Listing history for 23 King 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 23 King Street N
Answers come straight from this home’s MLS® listing.
How much is 23 King Street N listed for, and what would it cost each month?
23 King Street N is listed for $289,000. With 20% down ($57,800), the mortgage payment would be roughly $1,166 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,346 a month, all in. That figure is an illustration, not a quote.
Is 23 King Street N freehold or a condo, and is there a monthly fee?
23 King Street N 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 23 King Street N have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 23 King Street N?
23 King Street N is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 23 King Street N heated and cooled?
Heating is gas forced air closed. Cooling is yes.
Where is 23 King Street N?
23 King Street N is in Waterloo. The nearest main intersection is Between Erb and Bridgeport on King st Uptown Waterloo. The postal code is N2J 2W6.
Is 23 King Street N still for sale?
Yes. It is an active listing (MLS® X13873162). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 23 King Street N asking?
Similar properties for sale nearby right now include 170 University Avenue at $299,000, J202 - 155 Frobisher Drive at $300,000 and 373 Bridge Street W at $270,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 23 King 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 23 King Street N?
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$299,000170 University Avenue, WaterlooCourtesy of: RE/MAX TWIN CITY REALTY INC.View home →
Office$300,000J202 - 155 Frobisher Drive, WaterlooCourtesy of: RE/MAX WEST REALTY INC.View home →
Sale of business$270,000373 Bridge Street W, WaterlooCourtesy of: RE/MAX TWIN CITY REALTY INC.View home →Courtesy of: REMAX YC 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.