$299,000
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21 170 University Avenue W, Waterloo on N2L 3E9, Waterloo, ON N2L 3E9

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Take advantage of a rare opportunity to assume a fully equipped restaurant space in one of Waterloos busiest and most desirable commercial corridors. Located on University Ave W, just steps from Wilfrid Laurier University and the University of Waterloo, this location benefits from heavy foot traffic, a dense student population, nearby high-rise residences, and constant daily activity. Situated in a high-traffic plaza, the unit occupies one of the most prominent and visible locations within the property, offering excellent exposure and strong walk-in potential. With just under 1, 000 sq. ft., the space is ideally sized for a wide range of quick-service restaurant concepts. Its efficient layout provides a favourable rent-to-value ratio, making it cost-effective without compromising visibility or impact. The restaurant is fully equipped and includes a 16-foot commercial exhaust hood capable of supporting a variety of food operations, along with a custom Neapolitan Italian-style oven suitable for high-temperature baking, artisan pizza, and other specialty cooking concepts. The existing equipment configuration, including the 16-foot exhaust hood and high-temperature oven, makes the space particularly well-suited for Middle Eastern or Turkish cuisine, while remaining flexible for a wide range of other concepts. Opportunities also exist to continue the existing concept or introduce an entirely different use.

Listing By: Hassen Shinwary - RE/MAX Twin City Realty Inc. cnitso Realty.com
  • MLS® 40826326
  • Date Listed05/01/2026
  • Days on Realty 36 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • County Waterloo

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

University Ave W - Phillip St

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2L 3E9

Discover key demographics, population statistics, and environmental insights for the Waterloo, ON area.

Walkability in ON / N2L 3E9

Source: Walk Score

74/100

Very Walkable

Walk Score ®

69/100

Good Transit

Transit Score ®

98/100

Biker's Paradise

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.

Transit Summary

18 nearby routes: 17 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 41/100, Bike Score: 61/100.

Points of Interest near 21 170 University Avenue W, Waterloo ON N2L 3E9, Waterloo, ON N2L 3E9

Frequently Asked Questions for 21 170 University Avenue W, Waterloo ON N2L 3E9

Source: Realty.com

21 170 University Avenue W, Waterloo ON N2L 3E9, Waterloo, ON N2L 3E9 in Waterloo, ON N2L 3E9 is a business listed at $299,000. Realty.ca has 36 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 36 photos of 21 170 University Avenue W, Waterloo ON N2L 3E9.

The full address for this home is 21 170 University Avenue W, Waterloo ON N2L 3E9, Waterloo, ON N2L 3E9.

21 170 University Avenue W, Waterloo ON N2L 3E9 has been listed on Realty.com since Fri May 01, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 41/100, Bike Score: 61/100.

Listing provided courtesy of: Re/max Twin City Realty Inc. - itso - 1304438 (tel: 519-579-4110)
Listing agent: Hassen Shinwary (tel: 519-497-8761)

This content last refreshed on 2026-06-06 13:47:21. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.