$ 799.000

105 318 Spruce Street, Waterloo

  • Living area: 1950 square feet
  • Type: Commercial
  • Added: 27 days ago
  • Updated: 27 days ago
  • Last Checked: 1 hours ago
This is your opportunity to own a prime commercial condo in Waterloo with an incredible tenant, Hyderabad Cafe, on a new 10-year triple-net lease, ensuring hassle-free, passive income! Located on one of the most densely populated blocks, the unit sits on the ground floor of Sage 2 Condo's a premium student residence and is surrounded by thousands of potential customers/students, just steps from Wilfrid Laurier University and the University of Waterloo. This investment offers constant foot traffic and high visibility, making it ideal for stable returns. With Hyderabad Cafe as an established tenant, you gain immediate, long-term income in a high-demand area with minimal management requirements. Perfect for investors looking to add a worry-free asset to their portfolio in one of Waterloo's most dynamic neighbourhoods. (id:1945)

Property DetailsKey information about 105 318 Spruce Street

  • Cooling: Fully air conditioned
  • Heating: Natural gas, Other
  • Structure Type: Retail
  • Type: Commercial Condo
  • Condition: New
  • Lease Type: Triple-net lease
  • Lease Duration: 10 years

Interior FeaturesDiscover the interior design and amenities

  • Living Area: 1950
  • Tenant: Hyderabad Cafe
  • Income Type: Passive income

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 105 318 Spruce Street

  • Water Source: Municipal water
  • Floor: Ground floor
  • Building: Sage 2 Condo
  • Surrounding Environment: High foot traffic

Location & CommunityUnderstand the neighborhood and community

  • Directions: University Ave & King St.
  • City: Waterloo
  • Proximity To Universities: Wilfrid Laurier University, University of Waterloo
  • Population Density: Densely populated block
  • Customer Base: Thousands of potential customers/students

Business & Leasing InformationCheck business and leasing options available at 105 318 Spruce Street

  • Tenant Status: Established
  • Investment Type: Worry-free asset
  • Income Type: Long-term income
  • Area Demand: High-demand area

Property Management & AssociationFind out management and association details

  • Management Requirements: Minimal

Tax & Legal InformationGet tax and legal details applicable to 105 318 Spruce Street

  • Tax Annual Amount: 10196.12
  • Zoning Description: Commercial

Additional FeaturesExplore extra features and benefits

  • Visibility: High visibility
  • Investment Highlights: Stable returns
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More Details?
  • RYAN WOOD
  • HARVEY KALLES REAL ESTATE LTD.
  • 416-441-2888