140 University Avenue W, #1B
Waterloo, Waterloo ON N2L 6J3
$29,900
Established tea shop for sale, with lots of other potential uses to be converted. Located in one of the most busiest plaza in City of Waterloo: University Plaza. Right beside University of Waterloo and Wilfrid Laurier University. An excellent opportunity to acquire an established business in a highly desirable university-area location. Situated in an area with strong customer flow and significant pedestrian and vehicle traffic, the business benefits from a large and diverse customer base, including students, university staff, local residents, and surrounding businesses. The location provides excellent visibility and strong potential for continued growth, making it an attractive opportunity for an owner-operator or investor.
| Listing Key: | X13748884 |
|---|---|
| List Price: | $29,900 |
| Property Type: | Commercial |
| Property Sub Type: | Commercial Retail |
| Property Status: | Active |
| Bathrooms Total Integer: | 0 |
| Tax Annual Amount: | $22 |
| Waterfront?: | No |
| City: | Waterloo |
| Postal Code: | N2L 6J3 |
| Basement Yn: | No |
| Building Area Total: | 1461.0 |
| Building Area Units: | Square Feet |
| Contract Status: | Available |
| Cooling: | Yes |
| Cross Street: | university & phillip |
| Ddfyn: | Yes |
| Garage Type: | Plaza |
| Heat Type: | Gas Forced Air Closed |
| Holdover Days: | 180 |
| Hst Application: | In Addition To |
| Inclusions: | All on site equipment and chattels. |
| Listing Contract Date: | 2026-09-05 |
| Listing Key: | X13748884 |
| List Price Unit: | For Sale |
| Lot Size Units: | Feet |
| Lot Type: | Unit |
| Status: | New |
| Original List Price: | $29,900 |
| Parcel Number: | 223650200 |
| Possession Date: | 2026-09-08 |
| Property Use: | Retail |
| Retail Area: | 1,461.0 |
| Retail Area Code: | Sq Ft |
| Security Features: | Yes |
| State Or Province: | ON |
| Tax Type: | TMI |
| Tax Year: | 2026 |
| Transaction Type: | For Sale |
| Utilities: | Yes |
| Water: | Municipal |
| Zoning: | commercial |
| Directions: | university & phillip |
| Possession Type: | Flexible |
| Heat Type Multi: | Gas Forced Air Closed |
| County Or Parish: | Waterloo |
| City: | Waterloo |
Listing Courtesy of: HOMELIFE LANDMARK REALTY INC.
Listing Agent:
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Toronto Real Estate Board data last updated on October 08, 2026 05:20 PM - ET.
Property Last Updated: October 08, 2026 05:20 PM - ET
