Business For Sale · Specialty

25 UNIVERSITY Avenue E, Waterloo

25 UNIVERSITY Avenue E, Waterloo, ON N2J2V9

$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%

About this property

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)

Financial sandbox

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Estimate
Purchase price$450K
Down payment30% · $135K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 25 UNIVERSITY Avenue E, 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.