13 Queen Street, Springwater, ON
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 $2,875,000 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 68.5 x 165.53 ft lot size
- equipped with yes central cooling and highly efficient electric forced air heating
Description
BUILDING & BUSINESS FOR SALE! Exceptional opportunity to acquire The Palace Tavern, an established Elmvale business together with its approximately 4,700 sq. ft. mixed-use building. Ideally situated in the heart of this vibrant and growing community, the property offers multiple income streams with a fully equipped tavern, café space and three on-site residential apartments. The popular tavern is known for its welcoming atmosphere, live entertainment and signature Jam Nights, providing an excellent foundation for a new owner to continue and expand the operation. Ample on-site parking and an outdoor patio further enhance the property's year-round appeal. Whether you are an entrepreneur seeking a turnkey hospitality business or an investor looking for a versatile commercial and residential asset, this unique offering presents outstanding potential in a well-established community. A rare opportunity to own the real estate and business under one roof!
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Property Summary
This sale of business located at 13 Queen Street, Springwater is currently for sale and has been available on SousaSells for 10 days. This property is listed at $2,875,000 with an estimated mortgage of $9,570* per month. It has 0 beds, 5 bathrooms, and is unknown square feet. 13 Queen Street, Springwater is in the Elmvale neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Elmvale, Springwater.
- •5 well-appointed bathrooms
- •Desirable Sale Of Business architecture in Elmvale, Springwater
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
- Major Highway
- Public Transit
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Springwater?
If you are looking for a house in Springwater or researching Springwater real estate for sale, this sale of business at 13 Queen Street, Springwater, ON offers an exceptional opportunity to buy a home in Springwater, Ontario. Whether you are a first-time Springwater home buyer or comparing active Springwater MLS® homes for sale, working with a dedicated Springwater buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Springwater realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Springwater Buyer Budget & Costs
Estimated mortgage: $9,570*/month*. Estimated Ontario Land Transfer Tax: $58,350. First-time Springwater home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Springwater
Frequently Asked Questions about 13 Queen Street, Springwater, ON
Q.What is the asking price for 13 Queen Street, Springwater, ON ?
The current listing price for 13 Queen Street, Springwater, ON in Elmvale, Springwater is $2,875,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and 5 bathrooms.
Q.What property type and architectural style is 13 Queen Street, Springwater, ON ?
13 Queen Street, Springwater, ON is a Sale Of Business () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Major Highway, Public Transit.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Elmvale, Springwater
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 13 Queen Street W, Springwater, ON L0L 1P0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Springwater, ON
For a property listed at $2,875,000 in Springwater, the legal minimum down payment is $575,000 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 $58,350 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 $58,350.
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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.
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