140 University Avenue
Waterloo, ON N2L 6J3
Quick cost estimateKnown monthly subtotal$1,535.44 / monthLand transfer tax $3,425One-time estimate
Quick cost estimate
$1,535.44 / monthKnown monthly subtotal
- Mortgage principal & interest
- $1,535.44
- Property tax / month
- $0
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $3,425
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $3,425
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
Well Established Famous Restaurant. Located at 140 University Ave W, in a high-traffic,high-visibility And One of the most prominent retail plazas. Turnkey opportunity to own a very profitable Korean restaurant in one of Waterloos busiest commercial corridors, Best Location Close to the University of Waterloo and Wilfrid Laurier. This location sees over 40,000 daily foot traffic, ensuring consistent high-volume business. Fully Equipped Kitchen All equipment included. 1,880 sq ft W/ 68 Seats of LLBO Licensed.***Gross Rent $9,250/m included in TMI & Water. Open Hours: Monday - Saturday, 12PM - 11PM | Sunday Closed. ***This is a#1 spot for a restaurant in Waterloo - ideal for investors, owner-operators, or expanding brands looking for strong income.***
Home details
- Days on market
- Not reported
- Property type
- Sale Of Business
- Source status
- Active
- Postal code
- N2L 6J3
- Building area (total)
- 1,880 sq ft
- Garage parking spaces
- Not reported
- Total parking spaces
- Not reported
- Occupancy
- Owner
- Possession type
- Flexible
- Garage
- Plaza
- Annual property tax
- 0
- Heating system
- Gas Forced Air Open
- Cooling
- Yes
- Utility services
- Available
- Sewer
- Sanitary+Storm
- MLS entry age (not confirmed DOM)
- 159 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Reported utility services
- Available
- Sewer
- Sanitary+Storm
- Heating system
- Gas Forced Air Open
- Cooling
- Yes
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
Room-count details have not been supplied for this listing.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $330,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
Explore sold records with approved VOW access →Nearby homes sold near 140 University Avenue, Waterloo
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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
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Around this property
Schools, transit & everyday places
Published local sources. Distances are approximate straight-line distances, not walking routes.
Filter the records displayed below.
Nearby publicly funded schools
Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.
School year 2024-2025 · Preliminary · publisher extract 2026-09-14.
MacGregor Public School ↗
Elementary · 6-8 · English · Public
Waterloo Region DSB
32 Central St, Waterloo
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
Waterloo Collegiate Institute ↗
Secondary · 9-12 · English · Public
Waterloo Region DSB
300 Hazel St, Waterloo
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 9 Mathematics (at provincial standard)
- 57%
- Grade 10 OSSLT (first-attempt pass)
- 85%
St David Catholic Secondary School ↗
Secondary · 9-12 · English · Catholic
4 High St, Waterloo
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 9 Mathematics (at provincial standard)
- 67%
- Grade 10 OSSLT (first-attempt pass)
- 97%
Winston Churchill Public School ↗
Elementary · JK-6 · English · Public
Waterloo Region DSB
100 Milford Ave, Waterloo
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 81%
- Grade 3 Writing (at provincial standard)
- 81%
- Grade 3 Mathematics (at provincial standard)
- 65%
- Grade 6 Reading (at provincial standard)
- 88%
- Grade 6 Writing (at provincial standard)
- 97%
- Grade 6 Mathematics (at provincial standard)
- 56%
Our Lady of Lourdes Catholic Elementary School ↗
Elementary · JK-8 · English · Catholic
55 Roslin Ave S, Waterloo
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 71%
- Grade 3 Writing (at provincial standard)
- 54%
- Grade 3 Mathematics (at provincial standard)
- 64%
- Grade 6 Reading (at provincial standard)
- 83%
- Grade 6 Writing (at provincial standard)
- 83%
- Grade 6 Mathematics (at provincial standard)
- 45%
Keatsway Public School ↗
Elementary · JK-6 · English · Public
Waterloo Region DSB
323 Keats Way, Waterloo
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 79%
- Grade 3 Writing (at provincial standard)
- 69%
- Grade 3 Mathematics (at provincial standard)
- 69%
- Grade 6 Reading (at provincial standard)
- 84%
- Grade 6 Writing (at provincial standard)
- 79%
- Grade 6 Mathematics (at provincial standard)
- 50%
Centennial (Waterloo) Public School ↗
Elementary · 7-8 · English · Public
Waterloo Region DSB
141 Amos Ave, Waterloo
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
Empire Public School ↗
Elementary · JK-6 · English · Public
Waterloo Region DSB
83 Empire St, Waterloo
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 86%
- Grade 3 Writing (at provincial standard)
- 70%
- Grade 3 Mathematics (at provincial standard)
- 70%
- Grade 6 Reading (at provincial standard)
- 87%
- Grade 6 Writing (at provincial standard)
- 90%
- Grade 6 Mathematics (at provincial standard)
- 52%
Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.
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Transit near this property
Published transit locations. Distances are straight-line estimates, not walking routes or travel times.
Rail & subway · within 5 km
- Kitchener GOGO Transit · Train3.9 km
Bus & streetcar · within 2 km
- University of Waterloo TerminalGO Transit · Bus429 m
- University of Waterloo TerminalGO Transit · Bus509 m
- Wilfrid Laurier UniversityGO Transit · Bus589 m
- Wilfrid Laurier UniversityGO Transit · Bus646 m
- University Ave. E. @ Weber St. N.GO Transit · Bus1.2 km
- University Ave. E. @ Weber St. N.GO Transit · Bus1.3 km
Sources & service information
These are locations in published feeds, not live arrivals or confirmation of service at this moment. Station platforms are grouped only by the source parent-station relationship. Check the agency for schedules, disruptions, access and entrances. Coverage: TTC, GO Transit and UP Express only; other agencies are not yet connected.
- GO Transit source · feed 2026-10-28 to 2026-11-27 · checked 2026-11-02 14:57:59 UTC · Licence · Agency website
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Nearby shops & amenities
No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.
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Similar homes for sale in Waterloo
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
What do nearby school, transit and shop results mean?
They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
Can I see sold prices for nearby properties?
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
140 University Avenue, Waterloo is listed for sale as a Sale Of Business. Asking price: $330,000. Occupancy is reported as Owner.
The Ministry’s school dataset lists MacGregor Public School approximately 778 m from the property’s mapped location. The published GO Transit feed includes Kitchener GO, approximately 3.9 km away.
Local context
The Ministry’s school dataset lists MacGregor Public School approximately 778 m from the property’s mapped location.
The published GO Transit feed includes Kitchener GO, approximately 3.9 km away.
Sources & distance notes
Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility. Published transit locations do not confirm service at this moment.
Explore the area: Waterloo.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: HOMELIFE FRONTIER REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® . Information deemed reliable but not guaranteed.