646 Erb St Street W
Waterloo, N2T 0A8
$149,888
Listed 26 days ago · MLS® X13822704
About this home
*****Ghost Kitchen Asset Sale & Lease Takeover***** Excellent opportunity to acquire a fully equipped restaurant through an asset sale in a busy commercial plaza in Waterloo. The premises are approximately 1,426 sq ft and feature a full commercial kitchen with hood ventilation, cooking equipment, refrigeration, prep stations and leasehold improvements already in place. Ideal for restaurant, takeout, ghost kitchen or delivery based food concepts. Located in a high traffic area with strong surrounding residential density and convenient access for customers and delivery services. Asset sale only. Real estate not included. Financial statements are not available as this is strictly an asset sale. Buyer to assume existing lease subject to landlord approval
Details
- Type
- Sale Of Business
- Lot
- 70 × 57 ft
- Garage
- Outside/Surface
- Property tax
- $23 (2026)
- Municipality
- Waterloo
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Air conditioning
- Yes
- Water and sewer
- Sanitary
- Utilities
- Yes
Building and exterior
- Building area
- 1,426 Square Feet
More
- Possession
- Flexible
- Cross street
- Erb St West & Erbaville Rd
- Business type
- Restaurant
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 1 grocery store, 11 cafés and restaurants, 8 parks, 2 pharmacies. Nearest grocery: Goodness Me! Natural Food market (400 m). Nearest park: Pinerow (100 m).
Schools nearby
Elementary
- Edna Staebler Public School
EQAO: Gr 6 reading 86%, math 53%11 min walk - Westvale Public School
EQAO: Gr 6 reading 87%, math 42%13 min walk - Holy Rosary Catholic Elementary School Catholic
EQAO: Gr 6 reading 92%, math 58%1.4 km - Mary Johnston Public School
EQAO: Gr 6 reading 98%, math 72%1.4 km
Secondary
- Resurrection Catholic Secondary School Catholic
EQAO: Gr 9 math 57%, literacy test 90%2.1 km - Centennial Public School2.2 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area N2T
- Owners / renters
- 85% / 15%
- Median household income
- $127,000
- Average age
- 40
- Children under 15
- 17%
- Homes
- 75% detached, 1% high-rise
- Commute by transit
- 3%
- Population
- 20,634
Languages spoken most at home besides English: Mandarin 4.3%, Arabic 1.8%, Korean 1.2%, Spanish 1%.
Safety
Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
To downtown Kitchener: 6 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by RE/MAX REALTY SERVICES INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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