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8 Erb Street

8 Erb Street

Waterloo, ON

2 bath • 1,800 sqft • Sale Of Business • 83 days on market

$109,000

Great opportunity to take over a modern restaurant space in the heart of downtown Waterloo. Located on a busy corner with huge wraparound windows and excellent exposure, this spot gets plenty of natural light and strong foot traffic throughout the day. The space is nicely finished with quality equipment and a flexible layout that can work for many different food concepts. Clean, professional setup with a modern feel, ready for a new owner to start operating right away.15 ft hood. 55 indoor seats and 20 patio seats. Basement included. 2 walk in coolers and 1walk-in freezer. Rent $9,910 (TMI & HST included). 2 years remaining plus a 5-year option to renew.

Listing Details

Listed
June 5, 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
$691,000
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

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
$60.56

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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Reita said:

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