For Sale · Retail

258C SUNVIEW Street Unit# 311, Waterloo

258C SUNVIEW Street Unit# 311, Waterloo, ON N2L0H8

$714,900 total

1,145 SF

Asset Class

Retail

Size

1,145 SF

Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

$624

Occupancy

90%

Year Built

2019

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

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$715K
Down payment30% · $214K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$42K

Annual cash flow

$3K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.93%

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.

Rent roll (estimated)

TenantAreaExpiry
Lakeview Physiotherapy434 SF2034-12
Lakeview Physiotherapy400 SF2034-12
Lakeview Physiotherapy400 SF2034-12

Area demographics

Trade area within 3 miles of the property.

Population

81,208

Households

32,863

Median income

$80,500

Median age

42.3

Daytime population

110,820

5-yr growth

4.1%

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

Secure deal room

Confidential diligence documents for 258C SUNVIEW Street Unit# 311, 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.