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8 Erb Street

8 Erb Street

Waterloo, ON

2 bath • 1,800 sqft • Sale Of Business • 161 days on market

$249,000

Rare opportunity to secure a beautifully finished, turnkey restaurant space on a prime corner in the heart of downtown Waterloo. This high-visibility location features massive wraparound windows, flooding the modern interior with natural light. The open and versatile layout includes high-quality fixtures and commercial equipment, making it easily adaptable for almost any food concept without a major renovation. A clean, professional, and high-traffic setup ready for a new operator to step in and start business immediately. 15 ft hood. LLBO for 55 indoor seats and 20 patio seats. Basement included. 2 walk in coolers and 1 walk-in freezer. Rent $9,910 (TMI & HST included). 2 years remaining plus a 5-year option to renew.

Listing Details

Listed
March 16, 2026

Price History

Listing history

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Location & Legal

Cross Street
Erb St & King St W
Zoning
Commercial
Possession
Flexible

Commercial

Business Type
Restaurant
Occupancy
Owner

Community

Postal area N2J

Population
20,899
Private dwellings
10,672
Median age
36.8
Average household size
2.2
Median household income
$74,500

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
1,026
Median days on market
21
Sale-to-list price
99.8%

Based on 1,026 recorded sales of commercial properties in Waterloo over the last 12 months.

Listed by

REON HOMES REALTY INC.

Walk Score

98

Walk

60

Transit

95

Bike

Scores by Walk Score®

Location

Commercial figures

Building area
1,800 sq ft
Price per sq ft
$138.33

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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