$375,000
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402 King Street N, Waterloo, ON N2J2Z3

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Successfully operating since 2019, this is a rare chance to acquire a proven, high-performing restaurant in a prime King Street North location in Waterloo.This turnkey, well-established business offers outstanding exposure along one of the city's busiest corridors, surrounded by dense residential, student, and commercial activity, including offices such as Manulife. Strong street presence and pylon signage provide consistent visibility and traffic. The location is just minutes from major institutions like University of Waterloo, Wilfrid Laurier University, and Conestoga College. Nearby anchors such as Farm Boy, Tim Hortons, and other big-box retailers, plus close proximity to Wholesale Club, make daily operations and supply runs convenient.The space is approximately 1, 200 sq ft with around 40 indoor seats, a modern open-ceiling design, and recent upgrades including new flooring, fresh paint, and bright LED lighting.The commercial kitchen is built for volume, featuring a 15-ft hood with rough-in for an additional 15 ft (up to 30 ft total potential), walk-in cooler, convection oven, gas burners, griller, and more - suitable for high-output or multi-cuisine concepts.Revenue comes from multiple streams including dine-in, catering, tiffin services, and online delivery, backed by an impressive ~4.5 Google rating.Average sales are approximately $52, 000 per month. Rent is $6, 300 per month, inclusive of TMI, HST, water, and pylon signage.A true turnkey and profitable operation in a high-demand location, ready for the next owner to step in and scale further. All showings by appointment only. (id:58753)

Listing By: PK KAPOOR - RE/MAX REAL ESTATE CENTRE INC. cncrea2 Realty.com
  • MLS® X13214406
  • Date Listed05/29/2026
  • Days on Realty 59 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Property Type Other
  • Water Public

Interior Features

  • Cooling Fully air conditioned
  • Heating Forced air, Natural gas

Exterior / Lot Features

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

Directions

Cross Streets: LAKESHORE/PARKDALE. ** Directions: LOCATED ON KING STREET NORTH JUST SOUTH OF WEBER STREET NORTH, WATERLOO.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2J2Z3

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

Walkability in ON / N2J2Z3

Source: Walk Score

82/100

Very Walkable

Walk Score ®

65/100

Good Transit

Transit Score ®

75/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

16 nearby routes: 15 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 49/100, Transit Score: 40/100, Bike Score: 61/100.

Points of Interest near 402 KING STREET N, Waterloo, ON N2J2Z3

Frequently Asked Questions for 402 KING STREET N

Source: Realty.com

402 KING STREET N, Waterloo, ON N2J2Z3 in Waterloo, ON N2J2Z3 is a other listed at $375,000. Realty.ca has 38 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 38 photos of 402 KING STREET N.

The full address for this home is 402 KING STREET N, Waterloo, ON N2J2Z3.

402 KING STREET N has been listed on Realty.com since Fri May 29, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 49/100, Transit Score: 40/100, Bike Score: 61/100.

Listing provided courtesy of: RE/MAX REAL ESTATE CENTRE INC.
Listing agent: PK KAPOOR

This content last refreshed on 2026-07-27 11:47:24. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.