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RE/MAX Premier Inc., Brokerage logo

Suzan McKenzie

RE/MAX Premier Inc., Brokerage

1885 Wilson Avenue Ste 200A, Toronto, Ontario, M9M1A2

Phone: 416-743-2000

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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MLS# X13027938Waterloo · N2L 3V4
For SaleSale Of Business

494 Albert Street

$549,000
3 Bath4,108 sqft$134/sq ft1d on market
MLS# X13027938Waterloo · N2L 3V4
For SaleSale Of Business

494 Albert Street

$549,000

$134/sq ft · 1 days on market

Bedrooms
—
Bathrooms
3 Bath
Size
4,108 sq ft
Parking
None
OverviewHistoryDetailsNeighbourhood

Listing History — This Unit

Apr 22, 2026(today)·1 DOM
$549,000
Active
HC REALTY GROUP INC.
X13027938Current

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

MLS NumberX13027938
Property TypeSale Of Business
StyleWithout Property
Listing TypeFor Sale
StatusActive
Bathrooms3
Size4,108 sq ft
Parking TypePlaza
Days on Market1
Listed2026-04-22
MunicipalityWaterloo
Cross StreetAlbert St & Hazel St

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494 Albert Street

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Listing provided by HC REALTY GROUP INC.

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

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MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: April 22, 2026 at 03:17 a.m.