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573 King St N, Waterloo, ON, N2L 5Z7

MLS® # X9348146
Commercial For Sale In Conestoga, Waterloo, Ontario
$199,000
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
573 King St N, Waterloo, ON
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ACTIVE
573 King St N, Waterloo, ON, N2L 5Z7
$199,000

Property Information:

This little shop located at Waterloo called Coffee of the World is a very famous spot that serves coffee, K-cups, or any types of coffee and also does catering services. Located in an area with lots of exposure, near the intersection of King St N and Northfield Dr W.This 2,700 sq ft unit is equipped with a 5 ft hood, 1 walk-in fridge, 2 washrooms, and tons of parking outside. The unit has a seating capacity for 30 people.

The place started in 2014 and is already on it's 9th year. Gross lease rate of $8,584 with a 10-yearlease that can discussed. Just in 2022, sales are at $392,611. Ownership structure is 100%. The neighbourhood tenants also has LCBO, Scotia

Building Features:

  • Style: Business
  • Basement: No
  • Garage Type: Plaza
  • Heat Type: Gas Forced Air Closd

Property Features:

  • Bathrooms: 2
  • Annual Tax Amount: $0
  • Air Conditioning: Central Air
  • Floor Space (approx): 2700 Square Feet
  • Lot Depth: 0 Feet
  • Lot Frontage: 259.26 Feet
  • Occupancy: Tenant
  • Sewers: San+Storm
  • Survey: No
  • Water: Municipal

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 573 King St N, Waterloo, ON, N2L 5Z7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 573 King St N , experiences 7 hot days per year at around 30.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.1 degrees Celsius.

Projected Avg. Temperature

Past
30.6℃
2050
34.1℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 573 King St N , experiences 11 significant 2-day storms per year, with about 317.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 392.3mm of precipitation per year.

Precipitation Per Storm

Past
317.3mm
2050
392.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 573 King St N, Waterloo, ON, N2L 5Z7

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$124,648.85

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.06 %

High school certificate or equivalent

29.35 %

Apprenticeship trade certificate/diploma

3.35 %

College/non-university certificate

17.92 %

University certificate (below bachelor)

1.89 %

University Degree

31.44 %

Commuter

Travel To Work

By Car

82.36 %

By Public Transit

7.42 %

By Walking

8.27 %

By Bicycle

1.0 %

By Other Methods

0.95 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

75.02 %

Houses

24.98 %

Own Vs. Rent

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