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62 Balsam Street — photo 1

$5,500/mo

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62 Balsam Street #H104

Waterloo, Ontario N2L3H2

For rent· Added

982 sqft

About this property

A commercial unit with 982 SFT is available for lease. It is located in a student residential area close to Wilfred Laurier University, walkable to University of Waterloo, Conestoga Colleage Waterloo campus, and Waterloo Colleagiate Institute. Facing west from Larch st which has Woonerf design. Fronty side is all glass for maximum visibility. Washroom is located the back. Many uses are permitted as per RN-6 Zoning such as Bake Shop, Cafe, Medical Clinic, pharmaceutical Dispensary, Child Care Centre, Retail shop, Office, Personal Service, etc. Previusly Indian grocery store was operated. At present Indian grocery and convenience store, Medi Spa and Skin Care, Nails, Barber, Ear care, Chinese Restaurant in this building and another restaurant, burgershop, vape shop in another building of the same condo. Rent includes Base Rent, Water, HVAC, Condo fees and Property Tax. Tenant to pay for hydro and other services. One parking spot comes with the unit. Propsed business should be approved by the City and Condo. Currently vacant. Easy to show.

Location

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Property details

Listing

MLS® number
40854326
Added
Aug 21, 2026 ()
Updated
Aug 21, 2026 ()
Info refreshed

Overview

Property type
Retail
Building type
Retail
Storeys
6
Ownership
Condo
Year built
2,015

Inside

Fireplace
No

Building

Basement
None
Parking
1 space

Land

Zoning
NMU-6

Services

Water
Municipal water
Sewer
Municipal sewage system

Location

Community
Beechwood/University
Directions
University Ave./ Hickory St./Larch St. Note: The legal address is 62 Balsam st but the the building is located at the intersection of Larch st and Hickory st W and the unit is facing east to the Larch

Running costs

Annual property tax
$7,500
Condo fee
$884 Monthly
Includes Heat, Water, Insurance

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$5,500/mo
62 Balsam Street
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