170 University Ave is a business in Waterloo, listed for $299,000.
1Take advantage of a rare opportunity to assume a fully equipped restaurant space in one of Waterloo's busiest and most desirable commercial corridors.
2Situated in a high-traffic plaza, the unit occupies one of the most prominent and visible locations within the property, offering excellent exposure and strong walk-in potential.
3With just under 1,000 sq. ft., the space is ideally sized for a wide range of quick-service restaurant concepts.
How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Waterloo
About 170 University Avenue
Take advantage of a rare opportunity to assume a fully equipped restaurant space in one of Waterloo's busiest and most desirable commercial corridors. Located on University Ave W, just steps from Wilfrid Laurier University and the University of Waterloo, this location benefits from heavy foot traffic, a dense student population, nearby high-rise residences, and constant daily activity. Situated in a high-traffic plaza, the unit occupies one of the most prominent and visible locations within the property, offering excellent exposure and strong walk-in potential. With just under 1,000 sq. ft., the space is ideally sized for a wide range of quick-service restaurant concepts. Its efficient layout provides a favourable rent-to-value ratio, making it cost-effective without compromising visibility or impact. The restaurant is fully equipped and includes a 16-foot commercial exhaust hood capable of supporting a variety of food operations, along with a custom Neapolitan Italian-style oven suitable for high-temperature baking, artisan pizza, and other specialty cooking concepts. The existing equipment configuration, including the 16-foot exhaust hood and high-temperature oven, makes the space particularly well-suited for Middle Eastern or Turkish cuisine, while remaining flexible for a wide range of other concepts. Opportunities also exist to continue the existing concept or introduce an entirely different use.
Waterloo business priced at $299,000 — book a tour to see if it fits your search.
Inside 170 University Ave
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
170 University Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13071886$299,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 170 University Ave Compares to the Waterloo Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 170 University Ave. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
Own a home on University Avenue? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 170 University Ave with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 170 University Ave day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.2%On average, homes sold at or above asking.
Active listings386Homes for sale here right now.
Median vs prior 90 days+0.7%Compared with Apr 17 – Jul 16, 2026: prices up.
Based on 461 sales from Jul 16 – Oct 14, 2026 (283 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
170 University Ave is listed at $299,000 (MLS® X13071886). Summitly updates the price as soon as the MLS® record changes.
Has the price of 170 University Ave changed?
No — 170 University Ave is still listed at its original asking price of $299,000.
How many bedrooms and bathrooms does 170 University Ave have?
The listing for 170 University Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Waterloo.
Is 170 University Ave close to transit?
The nearest rapid-transit station is University of Waterloo Station (ION), about 270 m (about a 3-minute walk) in a straight line. Laurier - Waterloo Park Station is about 450 m (about a 6-minute walk), and Research and Technology Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 170 University Ave compare with other homes in Waterloo?
Its asking price of $299,000 is about 58% below the median sold price in Waterloo over the last 90 days, $704,914, across 461 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 170 University Ave been sold before?
Summitly has no earlier MLS® sale or lease of 170 University Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 170 University Ave?
170 University Ave is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 170 University Ave been on the market?
166 days — 170 University Ave was listed on May 1, 2026.
What is the land transfer tax on 170 University Ave?
About $2,960 in Ontario land transfer tax at the asking price of $299,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 170 University Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 170 University Ave?
The listing for 170 University Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Waterloo.
When was 170 University Ave built?
The listing for 170 University Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
