Homula Realty Brokerage
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347 Erb Street W, Waterloo, ON N2L 1W4

Sale Of Business
$140,000

Turn-Key Double Double Pizza & Chicken Franchise - For Sale in WaterlooStep into ownership with this fully operational, turn-key Double Double Pizza & Chickenfranchise in a prime Windsor location! This established business offers a fantastic opportunityfor entrepreneurs or investors looking to enter the thriving quick-service restaurant market.Key Features:- Franchise Brand: Double Double Pizza & Chicken- Lease Details: Current lease valid until July 31, 2028 with renewal option available- Rent: $3,939.23/month + HST (includes TMI)- Space: 1,100 sq.ft. with 12-seat dine-in area- Included: All equipment and chattels - ready to operate from day one- Franchise Transfer Fee: Buyer and seller to split 50/50Why This Opportunity Stands Out:- Well-known brand with strong customer base- Turn-key setup - no downtime, start earning immediately- Affordable rent with long lease term- Ideal size for efficient operations and manageable overhead- Great potential for growth with delivery, and local marketing

MLS number
X13237252
Type
Sale Of Business
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
N2L 1W4
Photos
9
102days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Keatsway Public School
Waterloo Region DSB
Elementary594 m7.2 / 10
72% met the standard
Centennial (Waterloo) Public School
Waterloo Region DSB
Elementary808 mNot reported
Holy Rosary Catholic Elementary School
Waterloo CDSB
Elementary1.2 km7.3 / 10
73% met the standard
Empire Public School
Waterloo Region DSB
Elementary1.1 km7.6 / 10
76% met the standard
Resurrection Catholic Secondary School
Waterloo CDSB
Secondary1.5 km7.4 / 10
74% met the standard · 2 of 6 measures
Our Lady of Lourdes Catholic Elementary School
Waterloo CDSB
Elementary1.4 km6.7 / 10
67% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,101 people.

$83,000Median household income
50.6%Own their home
48.7%Detached houses
36.8Median age
26.3%Born outside Canada
39.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35300285 — the few blocks around this address, home to 1,101 people. It describes the area, not this property.

1,101Population
41.4Average age
2.7Household size
$109,200Average household income
$83,000Median household income
51%Own their home
49%Rent
3%Condominiums
26%Born outside Canada
39%University degree
$830,000Average home value
15%Low income
54%Not in the labour force
33%Never married
$20,000 to $24,9992%
$25,000 to $29,9993%
$30,000 to $34,9994%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9993%
$50,000 to $59,9997%
$60,000 to $69,9996%
$70,000 to $79,9997%
$80,000 to $89,9996%
$90,000 to $99,9995%
$100,000 and over27%
$100,000 to $124,9997%
$125,000 to $149,9997%
$150,000 to $199,9996%
$200,000 and over8%

Percentages are of the 535 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$28,000 · minimum here is $7,000
$619.89per month
Borrowed before insurance$112,000
Total borrowed$112,000
Interest over 25 years at 4.5%$73,967

If you rented it out

-$619.89per month out of pocket
Rent$0.00
Everything it costs to hold$619.89
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by HOMELIFE/MIRACLE REALTY LTD. Listing data provided by the Toronto Regional Real Estate Board.