Bianca Marijan

Broker of Record/Owner

J202 155 Frobisher Drive in Waterloo: 118 – Colonial Acres/East Bridge Building Only for sale (1 – Waterloo East) : MLS®# 40856898

investment property

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Step 1 – Pick a goal

Why did you first become interested in buying an income property? Do you want ongoing cash flow or are you planning to use it for your retirement fund? Think in terms of how much income you’re looking to generate and the time frame you want to work with. 

Step 2 – What is your strategy?

What investment strategy are you planning to follow? You could do house flipping, rent-to-own, buy and hold, a mix of flip and hold, or a joint venture with an investor. Your choice of strategy will depend on a bunch of different factors including available funding and risk tolerance.

Step 3 – What can you afford?

If you are buying a second property you will need to find a lender and a minimum of 20% for the down payment. Make sure you are approved for financing before potentially jeopardizing an offer. 

Step 4 – Talk to an investment real estate expert

Your Realtor should be able to help you narrow down some options for potential properties. The information you gathered in the previous steps will help them find an income property for you based on your investment strategy. 

Step 5 – Compare your options!

Look at the numbers on each investment property to compare and make the best choice for you. Take into consideration your mortgage and tax payments, utilities, vacancy allowance, estimated budget for repairs, upgrades and property management. 

Step 6 – Buy your income property

It’s time to invest! You’ve crossed your t’s, dotted your i’s and found the right income property for you. Buying your first income property doesn’t have to be a complicated venture. An experienced Realtor like me will make the process easier by offering insight and guidance. 

Step 1 – Pick a goal

Why did you first become interested in buying an income property? Do you want ongoing cash flow or are you planning to use it for your retirement fund? Think in terms of how much income you’re looking to generate and the time frame you want to work with.

Step 2 – What is your strategy?

What investment strategy are you planning to follow? You could do house flipping, rent-to-own, buy and hold, a mix of flip and hold, or a joint venture with an investor. Your choice of strategy will depend on a bunch of different factors including available funding and risk tolerance. 

Step 3 – What can you afford?

If you are buying a second property you will need to find a lender and a minimum of 20% for the down payment. Make sure you are approved for financing before potentially jeopardizing an offer. 

Step 4- Talk to an investment real estate expert

Your Realtor should be able to help you narrow down some options for potential properties. The information you gathered in the previous steps will help them find an income property for you based on your investment strategy.

Step 5 – Compare your options!

Look at the numbers on each investment property to compare and make the best choice for you. Take into consideration your mortgage and tax payments, utilities, vacancy allowance, estimated budget for repairs, upgrades and property management.

Step 6 – Buy your income property

It’s time to invest! You’ve crossed your t’s, dotted your i’s and found the right income property for you. Buying your first income property doesn’t have to be a complicated venture. An experienced Realtor like me will make the process easier by offering insight and guidance. 

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J202 155 Frobisher Drive
118 - Colonial Acres/East Bridge Waterloo N2V 2E1

$300,000
Commercial Sale

Multi-story commercial building featuring extensive surface parking, a brick and dark panel facade, and multiple roof-mounted HVAC units
Photo 1: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
Photo 2: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
Photo 3: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
Photo 4: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
Photo 5: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
Photo 6: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
Photo 7: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
Photo 8: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
Photo 9: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
Photo 10: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
Photo 11: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
Photo 12: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
Photo 13: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
Photo 14: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
Photo 15: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
40856898
1205 sq foot office style condo. Great set up for services based business, commercial, instructional, office, too many uses to list. Unit currently has 1 separate office space, kitchen area, private washroom. Move in ready with open space and plenty of windows! Sale of building only. No business.
Property Type:
Commercial Sale
Property SubType:
Building Only
Listing General Location:
118 - Colonial Acres/East Bridge, 1 - Waterloo East
Bathrooms:
- (Full:-/Half:-)
Kitchens:
0
County Or Parish:
Waterloo
Taxes:
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Construction:
Brick
Basement:
None
Foundation:
Concrete Block
Number of Storeys:
2
Total Floor Area:
1,205 sq. ft.
Office/Apt Area:
1,205 sq. ft.
Fireplace:
false
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Fridge And Microwave
High Speed Internet
false
No
Northfield Drive and Davenport Rd
No
Association Fee:
Association Fee Frequency:
Association Fee 2:
Association Fee 2 Frequency:
Administrative Fee:
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Road Access Fee:
Zoning:
C1
Structures:
Office
Utilities:
Electricity Connected, Fibre Optics, Natural Gas Connected, Phone Connected
Lot Site Features:
Ample Parking, Business Centre, High Traffic Area, Industrial Park
Features:
Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Rail:
No
# Commercial Doors:
0
Num Other Units:
0
Total Units:
Listed Date:
Aug 19, 2026
  • Photo 1: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
    Multi-story commercial building featuring extensive surface parking, a brick and dark panel facade, and multiple roof-mounted HVAC units
  • Photo 2: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
    Multi-story commercial building with an expansive parking lot, multiple entry points, and a prominent commercial signage panel
  • Photo 3: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
    Additional content
  • Photo 4: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
    Photo 4 of 15
  • Photo 5: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
    Photo 5 of 15
  • Photo 6: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
    Compact kitchen featuring wood-finish cabinetry, a stainless steel refrigerator, and a built-in microwave
  • Photo 7: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
    Commercial-grade carpet flooring, drop ceiling with integrated lighting, multiple pane windows, and neutral wall finishes
  • Photo 8: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
    Expansive floor-to-ceiling window with three large panes, recessed ceiling lighting, and a neutral carpeted floor
  • Photo 9: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
    Expansive window providing natural light, recessed ceiling lighting, grid ceiling, carpeted flooring, and a contrasting accent wall
  • Photo 10: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
    Recessed ceiling lights, acoustic ceiling tiles, carpet flooring, painted walls, and a solid core door
  • Photo 11: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
    Photo 11 of 15
  • Photo 12: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
    Spacious room with modular carpet flooring, acoustic tile ceiling, recessed lighting, and neutral wall finishes
  • Photo 13: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
    Vanity with integrated sink, gold-finish faucet, and coordinating hardware
  • Photo 14: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
    Two-story commercial building featuring a brick exterior and expansive windows
  • Photo 15: J202 155 Frobisher Drive in Waterloo: 118 - Colonial Acres/East Bridge Building Only for sale (1 - Waterloo East)  : MLS®# 40856898
    Multi-story commercial building with multiple parking areas
Listed by RE/MAX WEST REALTY INC TORONTO
Data was last updated September 4, 2026 at 05:50 AM (UTC)
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