Pedro Samuels Samuels - Sutton Logo
$449,000
( $224.50Per Sq Foot )
 $2,410 est/mo Sourced by Back At You

585 Weber Street N,Waterloo, ON N2V1V8

Waterloo, ON N2V1V8

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Description

Exceptional opportunity to own a high-volume convenience store in the thriving Waterloo Region. This well-established, non-franchise turnkey business has been successfully operated by the same owner for 29 years and offers approximately 2,135 sq. ft. of retail space with a monthly rent of $11,000.The business generates revenue through multiple income streams, including tobacco products, groceries, beer & wine, and lottery sales. It earns approximately $80,000 annually in OLG 649 lottery commission, while beer and wine sales exceed $150,000 annually and continue to grow. Strategically located in a busy commercial plaza beside Tim Hortons and RBC Bank, the store benefits from excellent visibility, strong foot traffic, and a loyal customer base. Significant growth potential exists through extended operating hours, expanding product offerings, and adding vape products (subject to applicable regulations). Chattels are included in the sale. A rare opportunity to acquire a profitable, long-established business with multiple income streams and exceptional future growth potential. (id:13843)

Details

MLS #X13613914
Listing TypeFor Sale
StatusActive
Days On Site87
Listing Provided ByLIVIO REAL ESTATE | ASHOKKUMAR JAGANNATH PANDIT

Features

Bath(s) 1 Total
SQ Feet2,000
ZoningCommercial

Interior

CoolingFully air conditioned
HeatingForced air
Fireplace Yes / NoNo

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount0

Area Information

ProvinceON
CityWaterloo
Postal CodeN2V1V8
Listing VS Median (in N2V1V8)
Price:
$449,000
low | high
Med:
$309,500
81.069042316258% of Average
sqft:
2,000
low | high
Med:
1,521
73.975% of Average
$ / sqft:
$225
low | high
Med:
$194
63.629283988969% of Average
On site:
87
low | high
Med:
95.5
91.099476439791% of Average
Sourced by Back At You

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Learn More About This Property

Pedro Samuels

Pedro Samuels

Sutton Group - Summit Realty Inc., Brokerage

Certified Real Estate Specialist (416) 938-8593psamuels@sutton.com
ProvinceON
CityWaterloo
Postal CodeN2V1V8
Listing VS Median (in N2V1V8)
Price:
$449,000
low | high
Med:
$309,500
81.069042316258% of Average
sqft:
2,000
low | high
Med:
1,521
73.975% of Average
$ / sqft:
$225
low | high
Med:
$194
63.629283988969% of Average
On site:
87
low | high
Med:
95.5
91.099476439791% of Average
Sourced by Back At You
Listing Updated: October 13, 2026 at 2:35:40 PM PDT