46 Queen Street, Springwater, ON

$129,000
MLS#:S13519972
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable sale of business 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 $129,000 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 0 Bathrooms
  • Spacious lot size measured in Feet
  • equipped with yes central cooling and highly efficient gas forced air closed heating

Description

***Taxes Yet to Be Assessed*** Own a thriving Indian restaurant in one of Simcoe County's growing communities! Golden Hours Indian Bistro - Elmvale is a fully operational, liquor-licensed restaurant offering an excellent turnkey business opportunity just 10 km from Wasaga Beach on a major route connecting to the beach. Strategically located in the heart of Elmvale, the restaurant benefits from strong drive-by exposure, surrounding new residential developments, and a prime location directly across from the community center. A high school is located just 500 meters south, while the local arena is only steps away, providing consistent customer traffic throughout the year. The premises offer approximately 1,800 sq. ft. of main-floor restaurant space, plus an additional 700 sq. ft. unfinished basement ideal for storage. Additional storage is also available at the rear of the building. The property features three separate entrances and separate men's and women's washrooms. The current lease extends until 2030, with an option to renew for an additional five years. The current monthly rent is $2,765, including TMI and HST, making this an attractive opportunity for entrepreneurs or investors looking to step into a well-established restaurant in a growing market with limited direct competition. Don't miss this rare opportunity to own a successful restaurant in a high visibility location with excellent growth potential.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date7/2/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
CountySimcoe
Annual Tax$0
Legal DescriptionPT LT 8 E/S OF MARIA ST PL 397 FLOS; PT LT 9 E/S

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Closed
CoolingYes

Features

Property Features

Interior Features

Security Features

Community Features

Location

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46 Queen 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 46 Queen Street, 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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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$6,450 (5.0%)
* Minimum Canadian down payment required for this price is $6,450.
Amortization Period25 Years
Estimated Monthly Payment$730Based on a loan of $122,550 over 25 years.
Purchase Price$129,000
Loan Amount$122,550
Provincial Land Transfer Tax:$1,015
Total Estimated Closing Taxes:$1,015

About Purchasing a Home in Springwater, ON

For a property listed at $129,000 in Springwater, the legal minimum down payment is $6,450 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 $1,015 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 $1,015.

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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.