For Sale · Retail

311 - 258C SUNVIEW STREET, Waterloo

311 - 258C SUNVIEW STREET, Waterloo, ON N2L0H8

$714,900 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

83%

About this property

Main floor commercial condo unit for sale in Waterloo's University District! Unit 311 at 258C Sunview Street sits in a newer mixed-use building just steps from the University of Waterloo and Wilfrid Laurier University, surrounded by high-density student housing and steady foot traffic. This street-level unit offers strong exposure and easy walk-in access, making it well suited to a wide range of businesses. Potential uses may include a coffee shop, bakery, medical or therapy clinic, professional office, personal services, convenience store or select retail. The space includes a washroom, a storage room at the back of the unit (not included in the square footage) and three parking spaces at the rear of the building. Whether you're a business owner looking to buy instead of lease, or an investor adding commercial real estate to your portfolio, this is a rare chance to own in one of Waterloo's busiest neighbourhoods, close to transit, restaurants and uptown Waterloo. Contact us today to book a viewing. (id:66811)

Financial sandbox

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Estimate
Purchase price$715K
Down payment30% · $214K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$38K

Annual cash flow

$-1K

Cash-on-cash

-0.61%

DSCR

0.97

Going-in cap

5.36%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

134,477

Households

49,293

Median income

$79,500

Median age

38.5

Daytime population

209,308

5-yr growth

8.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 311 - 258C SUNVIEW STREET, Waterloo.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.