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. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
**BUSINESS ONLY** A fantastic opportunity to own an established restaurant business in South Stormont, Ontario. Mo's Diner is now available for purchase, offering an incoming owner the opportunity to take over an established local food-service business without the need to purchase the real estate. Mo's Diner has become a familiar gathering place in the community, serving customers with a welcoming atmosphere, classic diner fare, coffee, conversation, and plenty of local charm. This is an opportunity to step into an existing restaurant operation and build on the foundation already in place. The sale is for the business and its assets only. The restaurant premises are available to lease, providing a more accessible entry point for an entrepreneur, chef, owner-operator, or investor looking to enter the restaurant industry without the significant capital investment of purchasing commercial real estate. The existing restaurant setup, commercial kitchen, equipment, furnishings, and established presence provide an excellent starting point for a new owner. Continue the Mo's Diner concept or bring your own vision, menu, branding, and ideas to the space. Whether you're looking for your first restaurant, expanding an existing food-service business, or searching for an established diner opportunity in the South Stormont/Cornwall area, Mo's Diner offers the opportunity to take over a business with an existing customer base and community presence. Business and assets for sale. Real estate is not included in this listing. Premises available for lease. The next chapter of Mo's Diner is ready to be written. Bring your vision and make it your own. (Business can be purchased with Real Estate - please see MLS #X13817696 for property listing)
Demographic data is not available for this area yet.
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Age Groups
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Owners vs Renters
Ownership data is not available.
Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,637/mo
Mortgage (principal + interest)$1,122
Property taxFrom listing: $6,179/yr$515
Minimum $15,000 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$60,000
Ontario land transfer taxProvincial brackets, no first-time refund$2,975
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$65,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. South Stormont has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. 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 information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
