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$450,000 total
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Asset Class
Specialty
Size
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Building class
A
Zoning
US — Urban Services
$ / SF
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Occupancy
85%
PROFITABLE AND WELL ESTABLISHED CANNBIS retail business in a highly visible and accessible UNIVERSITY AREA OF WATERLOO. Situated on a major corridor near University of Waterloo, Wilfred Laurier University and Conestoga college, this turnkey operation benefits from strong pedestrian and vehicle traffic, a growing customer base, and a strategic position within one of Waterloo's most active commercial districts. The business offers a modern retail environment, established supplier relationships, and a diverse selection of cannabis products and accessories. The area is surrounded by residential neighbourhoods, student housing, restaurants, and retail amenities, creating consistent year-round demand. Ideal opportunity for an owner-operator or investor looking to expand within Ontario's cannabis retail sector. Inventory extra. Purchaser must independently obtain all required approvals, permits, and licences to operate the business. Current lease is signed for 5 years, can be renewed for another 5 years term. Total area 1850 sq ft. Rent is $13500/MONTH including TMI and HST. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$27K
Annual cash flow
$2K
Cash-on-cash
1.16%
DSCR
1.06
Going-in cap
5.89%
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.
Trade area within 3 miles of the property.
Population
59,878
Households
24,176
Median income
$122,000
Median age
36.7
Daytime population
56,365
5-yr growth
6.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 25 UNIVERSITY Avenue E, Waterloo.
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.