1/35160 UNIVERSITY Avenue W Unit# 19, Waterloo
160 UNIVERSITY Avenue W Unit# 19, Waterloo, ON N2L3E9
$399,000 total
—
Asset Class
Specialty
Size
—
Building class
C
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
93%
About this property
Located in the heartof the university of Waterloo Plaza, Xiang Man Lou offers a rare opportunity to own a well-established restaurant in a high-traffic area. 3,440 sq ft of spacious dining area, over 100 seats, strong and steady customer base, reliable and consistent income . The major renovations include a pwoer panel, HVAC, lighting, ceiling, tables, floor, kitchen equipment (hood fans, gas range, walk-in fridge,dishwasher, fridges, watersoftener), bathrooms and security cameras. Situated near a major university with a constant flow of students and locals, ithis restaurant is perfectly positioned for contunued success. Don't miss out on this turnkey investment opportunity in one of Waterloo's busiest commercial hubx! Contact us today for more details. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$28K
Annual cash flow
$6K
Cash-on-cash
4.83%
DSCR
1.26
Going-in cap
6.99%
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
42,755
Households
19,958
Median income
$76,000
Median age
39.2
Daytime population
52,632
5-yr growth
6.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 160 UNIVERSITY Avenue W Unit# 19, 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.