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.
NEW PRICE**PRIME COMMERCIAL / RETAIL OPPORTUNITY IN THE CENTRE OF ELMVALE!** Exceptional renovated commercial building prominently situated on a busy, highly visible corner with excellent frontage, outstanding signage exposure and **commercial zoning**. Originally built in 1963 and substantially renovated, this unique property offers an institutional-grade building with **approximately 19' ceiling height**, large front and side windows, and an abundance of bright natural light. Previously operated as a national bank and recently as a daycare centre, the property offers an adaptable layout with potential for a variety of retail, professional, office, service, institutional or other commercial uses, subject to zoning and approvals. Features include a wheelchair-accessible ramp, automatic entry doors, men's and women's washrooms, kitchenette, built-in vault and a **basement providing valuable additional storage space**.**6+ private surface parking spaces at the rear** add significant convenience for customers, staff and clients. The prominent corner location provides excellent visibility and exposure in the centre of Elmvale, surrounded by established businesses and popular amenities including Foodland, LCBO, McDonald's, Tim Hortons, Subway, Circle K and more. Conveniently located approximately **20 minutes to Barrie, 15 minutes to Wasaga Beach and 20 minutes to Midland**, this is a rare opportunity to acquire a highly visible commercial property offering exceptional flexibility, accessibility, parking and future potential. **Ideal for an owner-user, investor, retailer, professional practice, service business or operator seeking a prominent commercial location in a growing community.**
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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$4,208/mo
Mortgage (principal + interest)$3,737
Property taxFrom listing: $5,647/yr$471
Minimum $74,900 down for this price; the slider moves in whole percent, starting at 8%. 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$199,800
Ontario land transfer taxProvincial brackets, no first-time refund$16,455
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$219,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Springwater 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.
