D - 645 Laurelwood Drive
Waterloo, ON
- Sale Of Business
- 210 days on market
Exceptional Restaurant Business Opportunity! Own the well-established Shawarma Lounge, ideally situated at the high-traffic intersection of Erbsville Rd and Laurelwood Dr in Waterloo. Surrounded by schools, residential communities, and industrial areas, this location offers consistent customer flow and excellent exposure. The only Shawarma Lounge in the neighbourhoods, featuring a strong and loyal clientele. Located in a busy plaza with great visibility, easy access, and ample parking. Fully equipped, stylish, and turnkey-ready for a new owner to take over and continue its success. Current owners will provide full training, including recipes, supplier details, and operational guidance, ensuring a smooth transition.
Listing Details
- Taxes (2025)
- $15
- Listed
- February 4, 2026
Price History
Listing history
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Property
- Lot Size
- 256.09 x 246.74 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Erbsville Rd & Laurelwood Rd
- Zoning
- Commercial
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Restaurant
Community
Postal area N2V
- Population
- 19,428
- Private dwellings
- 6,360
- Median age
- 38
- Average household size
- 3.1
- Median household income
- $126,000
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
- $693,750
- Homes sold
- 1,042
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,042 recorded sales of commercial properties in Waterloo over the last 12 months.
Listed by
ROYAL LEPAGE PLATINUM REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Annual property tax
- $15
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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