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

585 Weber Street N,Waterloo, ON N2V 1V8

Waterloo, ON N2V 1V8

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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.

Details

MLS #X13613914
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site94
Listing Provided ByLIVIO REAL ESTATE | X13613914 339400

Features

Bath(s)1
SQ Feet2,000
Acreage0.05

Interior

CoolingYes

Exterior

Security FeaturesYes

Utilities

UtilitiesAvailable

Taxes

Tax Annual Amount0
Tax TypeAnnual
Tax Year2026

Area Information

ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2V 1V8
Listing VS Median (in N2V 1V8)
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:
94
low | high
Med:
102.5
91.707317073171% of Average
Sourced by Back At You

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Learn More About This Property

LOISANN DARRACH

LOISANN DARRACH

Coldwell Banker The Real Estate Centre

 (905) 898-0000loisann.homes@gmail.com
ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2V 1V8
Listing VS Median (in N2V 1V8)
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:
94
low | high
Med:
102.5
91.707317073171% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 11:55:33 PM PDT

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LOISANN DARRACH

355 Muskoka Road South
Gravenhurst, ON P1P 1J4
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.
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