For Sale

23 King Street, Waterloo, Ontario N2J 2W6

$388,000

23 King Street, Waterloo, Ontario N2J 2W6 is For Sale and has a listing price of 388,000. The property is located in the Waterloo . It's been on the website for 9 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X12484040
  • Office Name REMAX YC REALTY
Property Description

Don’t miss the recently built and fully equipped brand-new commercial kitchen in this beautifully designed restaurant, ready for immediate operation in the heart of Uptown Waterloo on King Street. Currently operating as Katuya Donkatsu, a well-known and profitable franchise, the new owner has the flexibility to continue with the existing brand or introduce their own new restaurant concept in this prime location. With a liquor license already approved and all modern equipment in place, this is a true turnkey opportunity for those ready to start right away. The warm and welcoming interior, combined with excellent street visibility, makes it ideal for attracting steady customers and building your own success story in Uptown Waterloo. The current lease runs until November 30, 2030, with a 5-year renewal option available, offering long-term stability and peace of mind. This is a rare opportunity to own a fully set-up, flexible restaurant with exceptional potential.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12484040
  • Price: $388,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: N/A
  • Ref ID: X12484040
  • Dir / Cross St: Between Erb and Bridgeport on King st Uptown Waterloo
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
10/27/2025 X12484040 $388,000 For Sale - -
12/30/2024 X11902476 $99,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Waterloo
  • $805,098 Average List Price
    based on 1 year
  • 218 New Listings
    based on 30 days
  • 76 Median Days on Market
    based on 1 year
  • List vs. Selling Price 116.46 % Up
  • Sold (12mo) 656
  • Rented (12mo) 243

  • 1 Month Change +69.8%
  • 3 Month Change +85.5%
  • 6 Month Change +36.5%
Walkscore
Property Type Distribution
  • All Houses
    45.13%
  • Commercial
    6.44%
  • Condo
    48.34%
  • Land for Sale
    0.1%
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 27/10/2025 17:45:42
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