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UNIT 1A - 247 KING STREET N, Waterloo, Ontario, N2J 2Y8

MLS® # X10414580
Commercial For Sale In Columbia, Waterloo, Ontario
$375,000
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
Unit 1A - 247 King Street N, Waterloo, ON
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ACTIVE
UNIT 1A - 247 KING STREET N, Waterloo, Ontario, N2J 2Y8
$375,000

Property Information:

This is an incredible opportunity to own a Twisted Indian Wraps franchise in one of Waterloos busiest and most high-demand areas. Located just steps away from high schools, universities, and student residences, this site thrives on heavy foot traffic. Positioned directly across from Wilfrid Laurier University and within walking distance of the University of Waterloo and Conestoga College, it benefits from being surrounded by over 50,000 full-time university students, ensuring a steady stream of potential customers. The Business comes with an LLBO license, ample parking, and a favorable 5+5-year lease, offering a seamless transition to profitability. Twisted Indian Wraps, one of Canadas fastest-growing quick-service restaurant (QSR) franchises, operates 12 locations in Ontario, with more on the way. Known for delivering authentic Indian cuisine to the QSR market, the franchise stands out with premium AAA plaza locations, low food costs, and excellent labour margins. Full training and ongoing support from the head office are included to set you up for success. Dont miss this exceptional chance to take over a thriving business in a prime location. Please avoid contacting or speaking directly with employees. (id:27)

Building Features:

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

Property Features:

  • Property Type: Business
  • Amenities Nearby: Public Transit
  • Irregular: Yes
  • Lot Depth: 173.8 Feet
  • Lot Frontage: 242.3 Feet
  • Lot Size: 242.34 x 173.8 FT
  • Zoning: Commercial

Courtesy of: RE/MAX REAL ESTATE CENTRE INC.

REALTOR.ca  

Location of UNIT 1A - 247 KING STREET N, Waterloo, Ontario, N2J 2Y8

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, UNIT 1A - 247 KING STREET 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 34.2 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

63/100

Moderate-High

ClimateCheck®

Current data

This property, UNIT 1A - 247 KING STREET N , experiences 11 significant 2-day storms per year, with about 319.6mm 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 396.3mm of precipitation per year.

Precipitation Per Storm

Past
319.6mm
2050
396.3mm

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.

Demographic Information of UNIT 1A - 247 KING STREET N, Waterloo, Ontario, N2J 2Y8

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$65,862.89

Average Number of Children

1.49

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.76 %

High school certificate or equivalent

40.61 %

Apprenticeship trade certificate/diploma

1.33 %

College/non-university certificate

9.56 %

University certificate (below bachelor)

2.08 %

University Degree

41.64 %

Commuter

Travel To Work

By Car

56.59 %

By Public Transit

22.58 %

By Walking

14.86 %

By Bicycle

1.1 %

By Other Methods

4.87 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

88.88 %

Houses

11.12 %

Own Vs. Rent