For saleMLS® X14104638

E - 250 Phillip Street, Waterloo, ON N2L 3E9

Waterloo · Near Phillip/University · View map

$249,000
2Baths
1528Sq ft
Sale of businessType
PlazaGarage
NoneParking
$249,000
FreeholdNo monthly condo fee
Plaza garageFrom the listing

About this home

Restaurant For Sale In The Heart Of Waterloo's University District, Within Walking Distance To The University Of Waterloo And Conveniently Located On The Ground Floor Of A Residential Condo Building. Surrounded By High-Density Student Housing And Residential Communities, The Location Benefits From Strong Foot Traffic And Excellent Accessibility. The Restaurant Features Modern Renovations, A Fully Equipped Kitchen, And An LLBO License For 36 Seats. The New Owner Can Continue The Existing Restaurant Operation Or Easily Convert The Space To Other Restaurant Concepts Or Cuisine Types. An Excellent Turn-Key Opportunity In One Of Waterloo's Most Vibrant Student And Residential Areas.

The home

Type
Sale of business
Square footage
1528 sq ft
Bathrooms
2

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
2026
Occupancy
Tenant
Possession
TBA
Cross street
Phillip/University

More

MLS® number
X14104638

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$1,160per month, all in
  • Mortgage
  • Property tax

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.

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    250 Phillip Street, Waterloo, ON N2L 3E9

    Waterloo · Near Phillip/University

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    Sold history

    Listing history for 250 Phillip Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about E - 250 Phillip Street

    Answers come straight from this home’s MLS® listing.

    How much is E - 250 Phillip Street listed for, and what would it cost each month?

    E - 250 Phillip Street is listed for $249,000. With 20% down ($49,800), the mortgage payment would be roughly $1,004 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,160 a month, all in. That figure is an illustration, not a quote.

    Is E - 250 Phillip Street freehold or a condo, and is there a monthly fee?

    E - 250 Phillip Street 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 E - 250 Phillip Street 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 E - 250 Phillip Street?

    E - 250 Phillip Street is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How is E - 250 Phillip Street heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    Where is E - 250 Phillip Street?

    E - 250 Phillip Street is in Waterloo. The nearest main intersection is Phillip/University. The postal code is N2L 3E9.

    Is E - 250 Phillip Street still for sale?

    Yes. It is an active listing (MLS® X14104638). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near E - 250 Phillip Street asking?

    Similar properties for sale nearby right now include 300B - 600 Laurelwood Drive at $249,000, A01112A - 94 Bridgeport Rd E Road at $250,000 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 250 Phillip 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 E - 250 Phillip Street?

    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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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