170 University Avenue, Waterloo, ON N2L 3E9
Waterloo
Take advantage of a rare opportunity to assume a fully equipped restaurant space in one of Waterloo's busiest and most desirable commercial corridors. Located on University Ave W, just steps from Wilfrid Laurier University and the University of Waterloo, this location benefits from heavy foot traffic, a dense student population, nearby high-rise residences, and constant daily activity. Situated in a high-traffic plaza, the unit occupies one of the most prominent and visible locations within the property, offering excellent exposure and strong walk-in potential. With just under 1,000 sq. ft., the space is ideally sized for a wide range of quick-service restaurant concepts. Its efficient layout provides a favourable rent-to-value ratio, making it cost-effective without compromising visibility or impact. The restaurant is fully equipped and includes a 16-foot commercial exhaust hood capable of supporting a variety of food operations, along with a custom Neapolitan Italian-style oven suitable for high-temperature baking, artisan pizza, and other specialty cooking concepts. The existing equipment configuration, including the 16-foot exhaust hood and high-temperature oven, makes the space particularly well-suited for Middle Eastern or Turkish cuisine, while remaining flexible for a wide range of other concepts. Opportunities also exist to continue the existing concept or introduce an entirely different use.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 170 University Avenue, Waterloo, ON N2L 3E9
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MLS# X13071886
Listed by RE/MAX TWIN CITY REALTY INC.
On market since May 1, 2026
What comparable homes actually sold for in the last 12 months.
170 University Avenue, Waterloo, ON N2L 3E9 is listed for $299,000 CAD.
170 University Avenue, Waterloo, ON N2L 3E9 is a Sale Of Business.
170 University Avenue, Waterloo, ON N2L 3E9 is in Waterloo, Ontario.
170 University Avenue, Waterloo, ON N2L 3E9 is currently for sale.
Contact Alex Morgan at +16471112222 to arrange a private showing of 170 University Avenue, Waterloo, ON N2L 3E9 (MLS# X13071886). You can also send a message through the contact form on this site.
