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1 - 158 UNIVERSITY AVENUE, Waterloo, Ontario, N2L 3E9

MLS® # X12498694
Commercial For Sale In Columbia, Waterloo, Ontario
$399,000

None Beds

1 - 158 University Avenue, Waterloo, ON
  • Advertising
1 - 158 UNIVERSITY AVENUE, Waterloo, Ontario, N2L 3E9
$399,000

Property Information:

Thriving Opportunity in Waterloo! Located in a highly popular student plaza on University Ave, this is the only Tikka Grill in Waterloo - and one of the top-perform in locations in the chain. Enjoy reasonable rent, strong neighboring businesses, and a prime location with steady foot traffic. All menu items are prepared fresh on-site, ensuring excellent quality and manageable food costs. Despite absentee ownership, the store has continued to perform exceptionally well. A hands-on owner could further increase sales and streamline operations. The business comes with an experienced, well-trained staff already in place. Continue running the successful Tikka Grill brand or rebrand with your own concept - the choice is yours! Full list of chattels and equipment will be provided upon request. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Floor Space: 1200 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Floor Space (approx): 1200 Square Feet
  • Zoning: C4

Courtesy of: HOMELIFE/MIRACLE REALTY LTD

REALTOR.ca  

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Market Price Trends

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Location of 1 - 158 UNIVERSITY AVENUE, Waterloo, Ontario, N2L 3E9

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, 1 - 158 UNIVERSITY AVENUE , 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, 1 - 158 UNIVERSITY AVENUE , 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.

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Demographic Information of 1 - 158 UNIVERSITY AVENUE, Waterloo, Ontario, N2L 3E9

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$73,609.84

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

2.04 %

High school certificate or equivalent

43.12 %

Apprenticeship trade certificate/diploma

1.3 %

College/non-university certificate

9.77 %

University certificate (below bachelor)

2.66 %

University Degree

41.11 %

Commuter

Travel To Work

By Car

53.09 %

By Public Transit

29.99 %

By Walking

11.39 %

By Bicycle

0.76 %

By Other Methods

4.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

95.31 %

Houses

4.69 %

Own Vs. Rent

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