494 Albert St

Waterloo, ON N2L 3V4
  • $549,000

    Price
  • 0

    Bed
  • 3

    Bath
  • 4,108

    SqFt

About the Listing 367200 -

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.

Listing Highlights

Status Active
Days on Site 86
Property Type Business Opportunity
MLS ® X13027938
Year Built
Total Square Footage 4,108
Lot/Acreage N/A
County Waterloo

Interior Details

  • Bedrooms: 0
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Yes
  • Heating: Gas Forced Air Open
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: Plaza,No Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

494 Albert St Waterloo, ON N2L 3V4

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Agent profile image in chat bubble
Agent profile image in chat header

Michael Sotoadeh

Real Estate Broker | Team Sold Today | Michael Sotoadeh | Harvey Kalles Real Estate Ltd., Brokerage

Agent profile image in message

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way