B107 - 62 Balsam Street

Waterloo, ON

1,191 sqft • Commercial Retail • 295 days on market

$349,900

BRAND NEW 1191 square foot single level COMMERCIAL CORNER UNIT - STEPS FROM LAURIER & UNIVERSITY OF WATERLOO! RN-6 zoned unit with endless potential! Uses include: Restaurant, Take-Out, Café, Bake Shop, Child Care, Medical, Office, Retail, Personal Service, and more. Located within the Sage complex right in the heart of Waterloo's student district, surrounded by over 60,000+ students - all within walking distance. This is prime exposure with built-in foot traffic every single day. Highlights: On-site visitor parking - rare for this area! Steps from student residences and campus life. Flexible zoning allows multiple high-demand business types. Ideal for investors or entrepreneurs - unbeatable visibility and growth potential. Opportunity is knocking - whether it's a café, retail shop, or clinic, this unit is ready to become a daily destination for thousands. Brand new. Prime location. Limitless potential.

Listing Details

Taxes (2025): $7,883
Listed: October 30, 2025

Price History

Property

Age: 6-15

Utilities

Sewer: Sanitary

Location & Legal

Cross Street: The middle of Larch St. between Hickory and Balsam.
Zoning: RN-6
Parcel Number: 235940007
Possession: Flexible

Commercial

Business Type: Other
Occupancy: Vacant

Included

Rental Items: None

Community

Postal area N2L

Population: 37,953
Private dwellings: 19,681
Median age: 29.8
Average household size: 2.2
Median household income: $69,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Waterloo · last 12 months

Median sold price: $695,000
Homes sold: 1,029
Median days on market: 21
Sale-to-list price: 99.8%

Based on 1,029 recorded sales of commercial properties in Waterloo over the last 12 months.

Listed by

Exit Integrity Realty Inc.

Walk Score

Walk

Transit

Bike

Scores by Walk Score®