56 Yonge Street, Springwater, ON
Property Highlights
Welcome to this remarkable commercial retail 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 $599,900 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
- Premium 66 x 132 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
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.
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Property Summary
This commercial retail located at 56 Yonge Street, Springwater is currently for sale and has been available for 2 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 56 Yonge 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.
- •Desirable Commercial Retail 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
- No
Community Features
None listed
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 commercial retail at 56 Yonge 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: $1,997*/month*. Estimated Ontario Land Transfer Tax: $8,473. 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 56 Yonge Street, Springwater, ON
Q.What is the asking price for 56 Yonge Street, Springwater, ON ?
The current listing price for 56 Yonge Street, Springwater, ON in Elmvale, Springwater is $599,900.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 56 Yonge Street, Springwater, ON ?
56 Yonge Street, Springwater, ON is a Commercial Retail () featuring a basement.
Q.What security features are installed at 56 Yonge Street, Springwater, ON ?
Security features include: No.
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 56 Yonge Street S, 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 $599,900 in Springwater, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.
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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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