13 Yonge Street, Springwater, ON

$898,000
MLS#:S12892188
0 beds
5 baths
Commercial
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Property Highlights

Welcome to this remarkable commercial retail located in the coveted neighborhood of Elmvale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $898,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 5 Bathrooms
  • Premium 40.82 x 181.5 ft lot size
  • equipped with yes central cooling and highly efficient gas forced air open heating

Description

FLEXIBLE MIXED-USE BUILDING WITH DOWNTOWN EXPOSURE, FULLY EQUIPPED COMMERCIAL SPACE, & UPPER LIVING QUARTERS! Positioned in the heart of downtown Elmvale, this mixed-use commercial building presents a strategic opportunity for investors and business owners seeking visibility, flexibility, and rental potential in a prominent downtown location. Set along a well-travelled corridor, this property benefits from steady local traffic, seasonal cottage country flow, and two-street access. CG zoning opens the door to a range of permitted uses, including restaurant or take-out, bakeshop, retail, personal service, office, clinic, and more. The main level, previously operated as a successful pizza shop, features a commercial kitchen with included equipment, multiple dining areas with generous seating space, and two washrooms. Upstairs, spacious residential quarters with two bedrooms, one full bathroom, and a private deck create flexibility for owner occupancy or future rental use. A finished basement adds even more usable space with a den, office area, extensive storage, and two bathrooms, while parking for 12 vehicles, three hot water tanks, multiple furnaces, and 400 amp service further strengthen the long-term value of the property. This is a smart downtown Elmvale opportunity for investors and business owners seeking a well-positioned property with commercial presence and residential versatility.

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Key Features

Bathrooms
5
Property Type
Commercial

Additional Details

StatusActive
Listed Date3/17/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial Retail
Lot Size40.82 × 181.5 Feet
CountySimcoe
Annual Tax$4,442.51
Legal DescriptionPT LT 3 E/S YONGE ST PL 299 ELMVALE; PT LT 3 W/S PATTERSON ST PL 335 ELMVALE AS IN RO1414934; SPRINGWATER

Parking & Garage

Garage Spaces12
Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
CoolingYes

Features

Property Features

Interior Features

Security Features

No

Community Features

Major Highway, Recreation/Community Centre

Location

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13 Yonge Street, Springwater, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 13 Yonge Street S, Springwater, ON L0L 1P0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Springwater.

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Interest Rate5.25%
Down Payment$64,800 (7.2%)
* Minimum Canadian down payment required for this price is $64,800.
Amortization Period25 Years
Estimated Monthly Payment$4,965Based on a loan of $833,200 over 25 years.
Purchase Price$898,000
Loan Amount$833,200
Provincial Land Transfer Tax:$14,435
Total Estimated Closing Taxes:$14,435

About Purchasing a Home in Springwater, ON

For a property listed at $898,000 in Springwater, the legal minimum down payment is $64,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $14,435 for this transaction. As this listing is in Springwater (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,435.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Elmvale, Springwater.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,877

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.