255 King St N
Waterloo, ON N2J 4V2
For more information on this listing, contact us at: (647) 953-2523
For additional details, clarifications, or to request neighbourhood insights or comparables, our team is available to assist.
Active - Active Under Contract
$149,000
255 King St N Waterloo, ON N2J 4V2
Sale Of Business
Property Type
2
Baths
1,087
Sq. Ft.
Turnkey Location for Quick Service Restaurant For Sale , Convert to your desire Brand- Prime University Area Location. Two Major Universities , University of Waterloo Laurier and Conestoga Campuses Excellent opportunity to own a well-established quick service restaurant located in one of the busiest food plazas near a major university. Surrounded by student housing, residential communities, retail stores, and commercial businesses, this high-traffic location offers outstanding visibility and consistent customer flow throughout the year. This fully equipped turnkey restaurant is ideal for owner-operators, investors, or entrepreneurs looking for a profitable food business opportunity in a thriving area. Commercial Hood and all other equipment are included. The business currently operates as a franchise; however, one of the biggest advantages is the flexibility to continue with the existing brand or convert the space into another food concept, subject to landlord approval. Rent is $5220 plus TMI with Long Lease Until 2034, Prime High-Traffic Location Near University. Busy Food Plaza With Strong Foot Traffic. Excellent Exposure & Visibility. Fully Equipped Commercial Kitchen. Dine-In, Takeout & Delivery Potential. Plenty Of Parking Available This location offers excellent growth potential with strong demand from students, local residents, office workers, and delivery platforms. A rare opportunity to secure a premium restaurant space in a highly desirable and rapidly growing area.
MLS #
X13206030
Monthly Assoc. Fee
N/A
On Site
154 Days
Last Updated
9/15/2026
Location
Contact Agent
Property Details
Community Information
Features / Amenities
Security Features
Yes
Cooling
Yes
Heat Type
Gas Forced Air Open
Property Features
Utilities
Yes
Directions
University Ave and King Street North
Tax and Financial Info
Tax Year
2025
Business Type
Fast Food/Takeout
Listing Office
Listing provided courtesy of Homelife/Miracle Realty Ltd.
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Listing Information Last Updated 9/15/2026
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