Elmvale / Springwater, ON L0L 1P0
***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.
TRREB MLS® Attribution
MLS® S13519972
Listed by HOMELIFE G1 REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$630
/month · $103,200 mortgage
Amortization
Total Interest
$85,777
Total Cost
$188,977
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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HOMELIFE G1 REALTY INC.