11 - 366 Northfield Drive
Waterloo, ON
1,290 sqft • Commercial Retail • 287 days on market
Turnkey restaurant in a high-traffic area with strong walk-in visibility and established operations,located just 5 minutes from local universities.The location features a long-term lease at $5,400/month (including TMI), providing security andstability for the next owner. There are no franchise fees or contractual brand restrictions, giving thebuyer full flexibility. The business can continue operating under the existing Double Taste Shawarmaconcept, or it can be rebranded to any cuisine or new restaurant concept without penalty.The space is fully equipped with a complete commercial kitchen and seating area, making it ideal fordine-in, takeout, delivery, or ghost-kitchen models. There is also an opportunity to expand the menu.The seller is also open to a partnership or joint-venture arrangement with the right operator, which mayreduce upfront cost for qualified buyers.
Listing Details
- Taxes (2024)
- $3,055
- Listed
- November 6, 2025
Price History
Location & Legal
- Cross Street
- King and Northfield
- Zoning
- BUSINESS COMMERCIAL
- Parcel Number
- 237100639
- Possession
- Flexible
Commercial
- Occupancy
- Owner
Included
- Inclusions
- Equipments and Leasehold Improvements
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
- 1,030
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,030 recorded sales of commercial properties in Waterloo over the last 12 months.
Listed by
CENTURY 21 RIGHT TIME REAL ESTATE INC.