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For saleMLS® X13861806

5 George Street, Centre Wellington, ON N0B 1J0

Belwood · N0B 1J0

$174,000

$105 / sq ft

1 months on market

Bathrooms
3
Total area
1,658 sf
Lot
50 × 155 ft

What's special

  • Street garage
  • Yes

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About this property

Joanie's Neighbourhood Restaurant is a charming licensed restaurant and patio opportunity in Wellington, offering the atmosphere and character of a true local neighbourhood restaurant.1,658 Sq Ft and licensed for 30 guests inside plus another 12 on the patio creates an inviting setup for both indoor and outdoor dining. The restaurant features a full commercial kitchen with an 8-ft hood, walk-in fridge, freezer, and 200-amp power. Available street parking and the 12-seat patio complement the established setup and make this an excellent turnkey opportunity for a hands-on operator. Excellent rent of just $3,400 with an outstanding 4 + 5 + 5 + 5 year lease term, providing remarkably low overhead and long-term security. A rare opportunity to acquire a welcoming licensed neighbourhood restaurant with a great patio and excellent kitchen infrastructure. Please do not go direct or speak to staff or ownership.

Property details

Property

Property type
business
Bathrooms
3
Interior size
1,658 sq ft
Lot size
50 × 155 ft
Zoning
Business Commercial
Possession
TBD

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Street
Sewer
Sanitary+Storm

Costs

List price
$174,000
Price per sq ft
$105

Listing

MLS® number
X13861806
Status
For sale
Listed
October 5, 2026
Days on market
31
Last updated
October 5, 2026
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

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 payment5.0% · minimum $8,700
$8,700
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$913.97
Estimated monthly
$914

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
$1,465
Total due on closing
$1,465

An estimate on the asking price of $174,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. 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.

$174,000

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