For Sale

347 Erb Street, Waterloo, Ontario N2L 1W4

$563,900

347 Erb Street, Waterloo, Ontario N2L 1W4 is For Sale and has a listing price of 563,900. The property is located in the Waterloo . It's been on the website for 11 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X12500618
  • Office Name ROYAL LEPAGE IGNITE REALTY
Property Description

Amazing Convenience Store Business For Sale with High Volume Sales. Higher than industry profit margins with no close competition. Located in a convenient plaza within minutes of the University of Waterloo. Large 3020 sq ft lease area. Average Monthly Revenue Without Lottery/Scratch Approx $85,000(Cig 40-45%, @ 16%Avg Mrgn). Lotto Comn $2400/Month, 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-Sat 7.30-9.30, Sun 8-8.Increased Beer and Wine Sales. New Freezer/Cooler (2024), New HVAC (2024)

Property Details
  • MLS ID: X12500618
  • Price: $563,900
  • Lot Depth: 195.41
  • Transaction Types: For Sale
  • Ref ID: X12500618
  • Year Built: N/A
  • Dir / Cross St: Erb St + Amos Ave
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
11/02/2025 X12500618 $563,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Waterloo
  • $805,095 Average List Price
    based on 1 year
  • 258 New Listings
    based on 30 days
  • 80 Median Days on Market
    based on 1 year
  • List vs. Selling Price 116.58 % Up
  • Sold (12mo) 655
  • Rented (12mo) 242

  • 1 Month Change +22.0%
  • 3 Month Change +33.3%
  • 6 Month Change -1.9%
Walkscore
Property Type Distribution
  • All Houses
    45.06%
  • Commercial
    6.44%
  • Condo
    48.4%
  • Land for Sale
    0.1%
Additional Details
  • Heat Type Y
  • Garage Type Plaza
  • Taxes: $2,023
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: tba
  • Listing Entry Date: 02/11/2025 15:41:53
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