102 - 318 Spruce Street
Waterloo, ON
Sale Of Business • 243 days on market
Convenience store with liquor and vape, business for sale in a busy university area. The store is located on the ground floor of 23-story apartment building. Over 1824 sqft space, 15 feet clear height with one underground parking and one locker. Monthly store sales $45,000; Bitcoin + ATM: $400/month; passport photo: $200/month. Gross profit from the all sales about $20,000 monthly. Rent $6,150 (TMI included) plus HST. 5+5 year lease. One kitchen and one washroom in the unit. Kitchen can be used to prepare hot food to increase the income.
Listing Details
- Taxes (2025)
- $19,000
- Listed
- December 28, 2025
Price History
Listing history
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Location & Legal
- Cross Street
- University Ave W/King St N
- Zoning
- Commercial
- Possession
- Flexible
Commercial
- Business Type
- Convenience/Variety
- Occupancy
- Owner
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
- 1,039
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,039 recorded sales of commercial properties in Waterloo over the last 12 months.
Listed by
AIMHOME REALTY INC.
Location
Commercial figures
- Annual property tax
- $19,000
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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