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Renanza Realty
For sale

46 QUEEN STREET

Springwater (Elmvale), Ontario

MLS® S13519972

$99,000

Status
Active
Property type
Business
MLS® number
S13519972
Bedrooms
Bathrooms
Year built

Listing 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.

Property summary

MLS® number
S13519972
Property type
Business
Square footage
2,500 sq ft
Days on market
80 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Appliances
Dishwasher, Freezer

What would this home cost you?

Based on the $99,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$461 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of HOMELIFE G1 REALTY INC., BRAMPTON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.