250 Phillip Street E, Waterloo

$249,000
250 Phillip Street E

$249,000

New
2d
Sale Of Business

250 Phillip Street E, Waterloo

Total Monthly Obligation $1,379

Beds
0
Baths
2
Park
0
DOM
2d
Property Type-Sale Of Business
MLS® Number-X14104638
Beds-0
Bathrooms-2
Lot Size-191.33 ft (front)
Listed on site-Oct 21, 2026
Building Type-Sale Of Business
Parking-Plaza
Heating-Gas Forced Air Closed
Brokerage-CENTERPOINT REALTY INC.
Cooling-Yes
Fireplace-No
Pool-None
Possession-TBA
Title-Commercial

No agent assigned

Restaurant For Sale In The Heart Of Waterloo's University District, Within Walking Distance To The University Of Waterloo And Conveniently Located On The Ground Floor Of A Residential Condo Building. Surrounded By High-Density Student Housing And Residential Communities, The Location Benefits From Strong Foot Traffic And Excellent Accessibility. The Restaurant Features Modern Renovations, A Fully Equipped Kitchen, And An LLBO License For 36 Seats. The New Owner Can Continue The Existing Restaurant Operation Or Easily Convert The Space To Other Restaurant Concepts Or Cuisine Types. An Excellent Turn-Key Opportunity In One Of Waterloo's Most Vibrant Student And Residential Areas.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$199,200
Land Transfer Taxes$2,215
Legal Fees (Est.)
$
Total cash required for closing$53,515

Total Monthly Obligation

$1,379/mo
Mortgage $1,004
Monthly Loss $1,115
Principal$264
Interest$740
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 250 Phillip Street E

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.