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$549,000
Ontario,Waterloo
For Sale Active
494 ALBERT STREET, Waterloo, Ontario N2L3V4
  • 3
  • 4,108 Sqft
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Basic Details
Description

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. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X13027938
  • Price: $549,000
  • Bathrooms: 3
  • Square Footage: 4,108 Sqft
  • Status: Active
  • Property Sub Type: Business
  • Office Key: 289061
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Waterloo, N2L3V4
  • Street: Albert
  • Street Number: 494
  • Street Suffix: Street
  • Longitude: W81° 27' 35.4''
  • Latitude: N43° 29' 12.1''
Additional Information
  • Water Source:
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Listing updated: 2026-04-23 17:15:34
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Listing Information
  • List Agent Key: 2189933
  • List Office Key: 289061
  • Modification Timestamp: 2026-04-22T04:26:17Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-04-22T04:07:56Z
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Listing updated: 2026-04-23 17:15:35
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