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585 Weber Street

Waterloo, ON N2V 1V8

ActiveFor Sale
0 Beds
1 Baths
2,000 Sq Ft
Commercial

About This Property

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.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size2,000 sq ft
Bedrooms0
Bathrooms1
Postal CodeN2V 1V8
Last UpdatedSep 13, 2026 · 9:53 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13613914

Listed by LIVIO REAL ESTATE

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$449,000

asking price

MLS®X13613914
TypeCommercial
CityWaterloo
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$2,193

/month · $359,200 mortgage

Down Payment20% — $89,800
Interest Rate5.5%

Amortization

Total Interest

$298,558

Total Cost

$657,758

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

LIVIO REAL ESTATE