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Prime Investment Opportunity, Own a landmark commercial business in the heart of Waterloo's thriving university district, presenting a rare opportunity to acquire a well-established business and income-producing commercial asset in the highly sought-after University Plaza, directly serving the vibrant communities of the University of Waterloo and Wilfrid Laurier University.Surrounded by thousands of students, faculty members, professionals, and local residents, this prime location enjoys exceptional visibility, consistent foot traffic, and strong year-round consumer demand. Prime location in Waterloo's premier university commercial district Established supermarket with a loyal customer base and strong local reputation Fully equipped and operational, ready for seamless ownership transition Excellent accessibility with ample parking and convenient transit connections Ideal for owner-operators or investors seeking stable long-term value Reliable Rental Income In addition to the supermarket operation, the property features several established tenants, including: A vape retail store An arcade entertainment venue A Chinese restaurant These leased spaces generate approximately CAD $13, 000 in monthly rental income, providing immediate, stable cash flow while enhancing the property's overall investment performance. Located in one of Waterloo's strongest and most resilient retail markets Supported by two internationally recognized universities with a large, year-round customer base Multiple income streams through both business operations and rental revenue Strong long-term appreciation potential driven by continued population growth and commercial development Whether you are an experienced investor, an entrepreneur looking to expand your portfolio, or an owner-operator seeking a flagship location, offers an exceptional combination of stable income, operational potential, and long-term capital appreciation.
University and Phillip
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Waterloo, ON area.
74/100
Very Walkable
Walk Score ®
69/100
Good Transit
Transit Score ®
98/100
Biker's Paradise
Bike Score ®
Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.
18 nearby routes: 17 bus, 1 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 41/100, Bike Score: 61/100.
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2 bds • 2 ba • 0 sqft
223 - 280 LESTER STREET, Waterloo, ON N2L0G2
2 bds • 2 ba • 0 sqft
H506 - 275 LARCH STREET, Waterloo, ON N2L0J5
0 bds • 0 ba • 0 sqft
130 COLUMBIA Street W, Waterloo, ON N2L0G6
3 bds • 2 ba • 0 sqft
1402 - 128 KING STREET N, Waterloo, ON N2J0E9
3 bds • 2 ba • 0 sqft
70 CAMROSE COURT, Kitchener, ON N2M5J5
2 bds • 2 ba • 0 sqft
211 - 399 QUEEN STREET S, Kitchener, ON N2G1W6
1 bds • 1 ba • 0 sqft
3908 - 60 FREDERICK STREET, Kitchener, ON N2H0C7
2 bds • 2 ba • 0 sqft
2709 - 60 FREDERICK STREET, Kitchener, ON N2H0C7
2 bds • 2 ba • 0 sqft
1507 - 60 FREDERICK STREET, Kitchener, ON N2H0C7
0 bds • 0 ba • 0 sqft
1681 KING Street N, St. Jacobs, ON N0B2N0
2 bds • 2 ba • 0 sqft
104 - 721 FRANKLIN BOULEVARD, Cambridge, ON N1R0E4
1 bds • 1 ba • 0 sqft
6 - 1 MONT STREET, Guelph, ON N1H2A5
2 bds • 1 ba • 0 sqft
904 - 63 ARTHUR STREET S, Guelph, ON N1E0A8
3 bds • 2 ba • 0 sqft
367 AUDEN ROAD N, Guelph, ON N1E6V5
4 bds • 4 ba • 0 sqft
622 - 1291 GORDON STREET, Guelph, ON N1L0M5
2 bds • 1 ba • 0 sqft
33 WATER STREET, Puslinch, ON N0B2J0
3 bds • 2 ba • 0 sqft
52 MAIN STREET E, Mapleton, ON N0G1P0
0 bds • 0 ba • 0 sqft
309 LORNE AVENUE E, Stratford, ON N5A6S4
0 bds • 0 ba • 0 sqft
7916 WELLINGTON ROAD 109, Arthur, ON N0G1A0
4 bds • 3 ba • 0 sqft
116 GRAND STREET, Brantford, ON N3R4B6
bds • 0 ba • sqft
140 UNIVERSITY Avenue W Unit# 2-5
5 bds • 2 ba • sqft
206 - 251 LESTER STREET
5 bds • 2 ba • sqft
203 - 251 LESTER STREET
5 bds • 2 ba • sqft
401 - 251 LESTER STREET
5 bds • 2 ba • sqft
204 - 253 LESTER STREET
5 bds • 2 ba • sqft
101 - 253 LESTER STREET
2 bds • 2 ba • 571 sqft
246 LESTER Street Unit# PH-03
5 bds • 2 ba • 1158 sqft
253 LESTER Street Unit# 401
5 bds • 2 ba • 1158 sqft
401-253 Lester Street, Waterloo ON N2L 3W6
2 bds • 2 ba • 612 sqft
1107-246 Lester Street, Waterloo ON N2L 3W5
2 bds • 2 ba • sqft
PH-03 - 246 LESTER STREET
5 bds • 2 ba • sqft
301 - 271 LESTER STREET
5 bds • 2 ba • 1307 sqft
271 LESTER Street Unit# 102
5 bds • 2 ba • 1307 sqft
102-271 Lester Street, Waterloo ON N2L 3W6
5 bds • 2 ba • 1272 sqft
271 LESTER Street Unit# 203
3 bds • 2 ba • sqft
2127 - 258B SUNVIEW STREET
2 bds • 2 ba • 0 sqft
223 - 280 LESTER STREET
bds • 0 ba • 810 sqft
280 LESTER Street Unit# 111
bds • 1 ba • 810 sqft
111 - 280 LESTER STREET
Source: Realty.com
5 140 University Avenue W, Waterloo ON N2L 6J3, Waterloo, ON N2L 6J3 in Waterloo, ON N2L 6J3 is a business listed at $590,000. Realty.ca has 35 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 35 photos of 5 140 University Avenue W, Waterloo ON N2L 6J3.
The full address for this home is 5 140 University Avenue W, Waterloo ON N2L 6J3, Waterloo, ON N2L 6J3.
5 140 University Avenue W, Waterloo ON N2L 6J3 has been listed on Realty.com since Sat July 11, 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:
Royal Lepage Peaceland Realty - itso
(tel: 226-666-9766)
Listing agent:
Li Zhang
(tel: 226-666-9766)
This content last refreshed on 2026-09-30 02:47:01. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.