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111 - 308 LESTER STREET E, Waterloo, Ontario, N2L 3W7

MLS® # X8146272
Commercial For Sale In Columbia, Waterloo, Ontario
$709,888
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
111 - 308 Lester Street E, Waterloo, ON
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ACTIVE
111 - 308 LESTER STREET E, Waterloo, Ontario, N2L 3W7
$709,888

Property Information:

This is where it is all happening... be sure to take a closer look at this opportunity to own commercial real estate space in the most desirable Sage Platinum II Building which is walking distance to University of Waterloo & Wilfred Laurier University. Situated within the heart of the Waterloo Student Zone this unit has an abundance of potential for your business venture. With an estimated 19,000 students at WLU & over 33,000 students at U of W, there is a constant flow of traffic generated within this area. Currently operating as a Barber Shop with good lease term. At ground level this location consumes walking traffic by students and passersby. Book an appointment to view this property and see the many reasons why this could be your next location. This unit comes with improvements of washroom, lights, security, fire alarm, flooring etc. and 1 exclusive parking space included. Buyer can purchase 2 additional parking spaces from owner at an additional cost. **** EXTRAS **** Include THE RIZ TEAM Schedule B with all offers. (see supplements) Deposit to be a minimum of $50,000 as an EFT (Wire Transfer) or certified cheque. Please allow 24 hrs irrevocable (id:7525)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Floor Space: 865 Square Feet
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Bathrooms: 1
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 865.00 Square Feet

REALTOR.ca  

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Market Price Trends

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Location of 111 - 308 LESTER STREET E, Waterloo, Ontario, N2L 3W7

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: High

34 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

51/100

High

ClimateCheck®

Current data

This property, 111 - 308 LESTER STREET E , 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 Storm Risk:

14 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 111 - 308 LESTER STREET E , 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 111 - 308 LESTER STREET E, Waterloo, Ontario, N2L 3W7

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$57,403.85

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

1.84 %

High school certificate or equivalent

44.01 %

Apprenticeship trade certificate/diploma

0.88 %

College/non-university certificate

7.85 %

University certificate (below bachelor)

1.23 %

University Degree

44.19 %

Commuter

Travel To Work

By Car

51.37 %

By Public Transit

25.77 %

By Walking

16.99 %

By Bicycle

2.1 %

By Other Methods

3.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

94.02 %

Houses

5.98 %

Own Vs. Rent

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