318 Spruce Street Unit 102
About this property
Exceptional opportunity to own a prime commercial condominium together with a well-established convenience and vape business in the heart of Waterloo's thriving university district. Whether you're an investor seeking stable rental income or an owner-operator looking to run your own business, this property offers outstanding flexibility and long-term growth potential. Located on the ground floor of Sage 2 Condos, this premium retail unit is just steps from the University of Waterloo and Wilfrid Laurier University. Surrounded by thousands of students and residents, the area has a limited supply of retail space, creating exceptional demand and consistent pedestrian traffic. This attractive 1,824 sq. ft. commercial unit features 15-foot clear ceilings with no interior support columns, providing a bright, open layout with excellent visibility and direct street exposure. The property also includes one underground parking space, one storage locker, a kitchen, and a private washroom, making it suitable for a wide range of retail, food service, medical, professional, or office uses.The owner currently operates a successful convenience store and vape shop, and a liquor licence is available. The purchaser has the flexibility to continue operating the existing business or take vacant possession and establish a new business concept.
Features & finishes
Property details
| MLS® Number | X13574974 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Commercial |
| Interior Size | 1,824 sq ft |
| Beds / Baths | 0 bed · 0 bath |
| City | Waterloo |
| Postal Code | N2L 0E9 |
| Province | ON |
| Listed Date | July 17, 2026 |
| Days on Market | 21 |
| Price per Sq Ft | $493 |
| Brokerage | AIMHOME REALTY INC. |
Location
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