$549,000
494 Albert Street, Waterloo, ON N2L 3V4
Waterloo
- Bathrooms
- 3
- Square feet
- 4,108
- Type
- Sale Of Business
About this listing
Thriving Waterloo Entertainment Venue For Sale - One of the City's Best-Equipped Entertainment Destinations! Highly popular since 2013 and well-loved by the local community, this established all-in-one entertainment destination features Indoor Golf, Pool Hall, Table Tennis, and a Licensed Bar, making it a go-to gathering spot for customers of all ages. Strong local recognition with a 4.4/5 Google rating.Offering 4,108 Sq Ft on the main level plus an additional 4,000+ Sq Ft basement, totalling over 8,000 Sq Ft of usable space. Low Rent of $7,985.81/Month (Including TMI & HST). Current lease runs until August 31, 2028, with one 5-year renewal option. Water included at no extra cost. Over $170,000 in recent upgrades, including: 2 Premium Golfzon Vision Plus Golf Simulators (upgraded in 2023, cost over $68,000) ; 6 Tournament-Grade Pool Tables (upgraded at the end of 2024, cost over $40,000); Brand New Tournament-Grade Shadowless Pool Table Lighting (installed at the end of 2024, cost over $20,000); New Carpet Throughout (installed in 2024, cost over $40,000) ; Plus additional equipment and improvements. Located in a busy plaza with excellent exposure, abundant parking, and easy access. Close to University of Waterloo, with at least 6 future high-rise residential towers to be built directly across the plaza, creating tremendous future traffic and customer growth potential. Seller Support Available: Seller willing to assist interested buyers with securing commercial financing. Training available to help the buyer continue operating this successful business smoothly. Great opportunity for entrepreneurs to take over a growing, high-demand entertainment concept in a vibrant community.
Property details
- Price per sqft
- $134
- Days on market
- 8 days
- Heating
- Gas Forced Air Open
- Cooling
- Yes
- Garage
- Plaza
Payment calculator
- Mortgage amount
- $439,200
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Location
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Walkability, transit, and bike-friendliness for 494 Albert Street, Waterloo, ON N2L 3V4
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MLS# X13027938
Listed by HC REALTY GROUP INC.
On market since Apr 22, 2026
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About 494 Albert Street, Waterloo, ON N2L 3V4
How much is 494 Albert Street, Waterloo, ON N2L 3V4?
494 Albert Street, Waterloo, ON N2L 3V4 is listed for $549,000 CAD.
How many bedrooms and bathrooms does 494 Albert Street, Waterloo, ON N2L 3V4 have?
494 Albert Street, Waterloo, ON N2L 3V4 has 3 bathrooms.
What type of property is 494 Albert Street, Waterloo, ON N2L 3V4?
494 Albert Street, Waterloo, ON N2L 3V4 is a Sale Of Business, 4,108 sq ft.
What neighbourhood is 494 Albert Street, Waterloo, ON N2L 3V4 in?
494 Albert Street, Waterloo, ON N2L 3V4 is in Waterloo, Ontario.
Is 494 Albert Street, Waterloo, ON N2L 3V4 for sale or for rent?
494 Albert Street, Waterloo, ON N2L 3V4 is currently for sale.
How do I book a showing for 494 Albert Street, Waterloo, ON N2L 3V4?
Contact Alex Morgan at +16471112222 to arrange a private showing of 494 Albert Street, Waterloo, ON N2L 3V4 (MLS# X13027938). You can also send a message through the contact form on this site.