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650-688 ERB STREET, Waterloo, Ontario, N2T 2Z7

MLS® # X9514368
Commercial For Sale In Clair Hills, Waterloo, Ontario
$249,900
650-688 Erb Street, Waterloo, ON
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ACTIVE
650-688 ERB STREET, Waterloo, Ontario, N2T 2Z7
$249,900

Property Information:

Discover a savory investment opportunity at 650-688 ERB Street W Unit #B11F009 in Waterloo! Presenting Panago Pizza, a renowned establishment nestled within this vibrant commercial property now available for sale. Boasting a delectable fusion of location and potential, this culinary gem offers not just a taste of exquisite pizzas but also a lucrative venture for savvy entrepreneurs. With an asking price of $249,900, seize the chance to savor the flavors of success in the heart of Waterloo's bustling landscape. Weekly sales is $10K-$12K and monthly sales $45K-$50K. Rent for the unit including TMI is $5960. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Electric
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Zoning: C2-40

Courtesy of: EXP REALTY

REALTOR.ca  

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Market Price Trends

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Location of 650-688 ERB STREET, Waterloo, Ontario, N2T 2Z7

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

52/100

Moderate

ClimateCheck®

Current data

This property, 650-688 ERB STREET , 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 34.2 degrees Celsius.

Projected Avg. Temperature

Past
30.6℃
2050
34.2℃

# 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

64/100

Moderate-High

ClimateCheck®

Current data

This property, 650-688 ERB STREET , experiences 11 significant 2-day storms per year, with about 322.4mm 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 400mm of precipitation per year.

Precipitation Per Storm

Past
322.4mm
2050
400mm

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 650-688 ERB STREET, Waterloo, Ontario, N2T 2Z7

Life Stage

Middle-Aged with Teens

Employment Type

Service Sector/White Collar

Average Household Income

$114,739.60

Average Number of Children

1.84

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.45 %

High school certificate or equivalent

28.02 %

Apprenticeship trade certificate/diploma

4.12 %

College/non-university certificate

18.3 %

University certificate (below bachelor)

2.95 %

University Degree

32.16 %

Commuter

Travel To Work

By Car

91.31 %

By Public Transit

1.75 %

By Walking

3.14 %

By Bicycle

0.0 %

By Other Methods

3.8 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

4.72 %

Houses

95.28 %

Own Vs. Rent

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