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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
2 Bath Commercial Property in Waterloo
Unit E at 250 Phillip Street
Restaurant For Sale In The Heart Of Waterloo's University District, Within Walking Distance To The University Of Waterloo And Conveniently Located On The Ground Floor Of A Residential Condo Building. Surrounded By High-Density Student Housing And Residential Communities, The Location Benefits From Strong Foot Traffic And Excellent Accessibility. The Restaurant Features Modern Renovations, A Fully Equipped Kitchen, And An LLBO License For 36 Seats. The New Owner Can Continue The Existing Restaurant Operation Or Easily Convert The Space To Other Restaurant Concepts Or Cuisine Types. An Excellent Turn-Key Opportunity In One Of Waterloo's Most Vibrant Student And Residential Areas.
Waterloo business priced at $249,000 — book a tour to see if it fits your search.
Inside 250 Phillip St #E
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
250 Phillip St #E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14104638$249,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 250 Phillip St #E 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 250 Phillip St #E. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
Own a home on Phillip Street? 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.
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Book a tour of 250 Phillip St #E 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 250 Phillip St #E 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 ratio100.0%On average, homes sold at or above asking.
Active listings404Homes for sale here right now.
Median vs prior 90 days−3.2%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 433 sales from Jul 24 – Oct 22, 2026 (303 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
250 Phillip St #E is listed at $249,000 (MLS® X14104638). Summitly updates the price as soon as the MLS® record changes.
Has the price of 250 Phillip St #E changed?
No — 250 Phillip St #E is still listed at its original asking price of $249,000.
How many bedrooms and bathrooms does 250 Phillip St #E have?
250 Phillip St #E has 2 bathrooms. It is a commercial property in Waterloo.
Is 250 Phillip St #E close to transit?
The nearest rapid-transit station is University of Waterloo Station (ION), about 380 m (about a 5-minute walk) in a straight line. Laurier - Waterloo Park Station is about 490 m (about a 6-minute walk), and Research and Technology Station is about 1.1 km (about a 14-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 250 Phillip St #E compare with other homes in Waterloo?
Its asking price of $249,000 is about 64% below the median sold price in Waterloo over the last 90 days, $689,000, across 433 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 250 Phillip St #E been sold before?
Summitly has no earlier MLS® sale or lease of 250 Phillip St #E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 250 Phillip St #E?
250 Phillip St #E is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 250 Phillip St #E been on the market?
1 day — 250 Phillip St #E was listed on October 21, 2026.
What is the land transfer tax on 250 Phillip St #E?
About $2,215 in Ontario land transfer tax at the asking price of $249,000. 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 250 Phillip St #E 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 250 Phillip St #E?
The listing for 250 Phillip St #E 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 250 Phillip St #E built?
The listing for 250 Phillip St #E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
