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For saleMLS® S14112650

56 Yonge Street S, Springwater, ON L0L 1P0

Elmvale · L0L 1P0

$599,900

$303 / sq ft

1 weeks on market

Total area
1,980 sf
Lot
66 × 132 ft

What's special

  • Yes

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About this property

Turn-Key Commercial Opportunity in Elmvale Exceptional all-brick commercial building in an excellent, high-traffic Elmvale location. This well-maintained property offers 17 parking spaces, an outdoor deck, and a covered porch, making it an ideal setting for a restaurant, retail business, or other commercial venture.The upper level features a spacious retail area, two bathrooms, and included restaurant equipment. The fully finished lower level offers a walk-in cooler, walk-in freezer, three-piece bathroom, large storage room, and furnace/utility room. Previously home to a Mr. Sub restaurant, the property is currently operating as BUB's Greek Street Food and is in excellent condition. With its versatile layout, generous parking, and turn-key setup, this is a fantastic opportunity for an owner-operator or investor. Call today to learn more or arrange a viewing.

Property details

Property

Property type
retail
Interior size
1,980 sq ft
Lot size
66 × 132 ft
Zoning
CH
Possession
Flexible

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Costs

List price
$599,900
Property taxes
$4,387 / year (2026)
Price per sq ft
$303

Listing

MLS® number
S14112650
Status
For sale
Listed
October 23, 2026
Days on market
12
Last updated
October 23, 2026
Listing brokerage
RE/MAX By The Bay Brokerage

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

Mortgage estimate

Down payment5.8% · minimum $34,990
$34,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,123.48
Property tax (est.)
$365.58
Estimated monthly
$3,489

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$8,473
Total due on closing
$8,473

An estimate on the asking price of $599,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX By The Bay Brokerage. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$599,900

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