For saleMLS® X14154386

120 St Andrew Street W, Centre Wellington, ON N1M 1N5

Fergus, Centre Wellington · Near St Andrew St & St David St · View map

$174,900
Sale of businessType
NoneParking
$700/yrTaxes
$174,900
FreeholdNo monthly condo fee
Lot 18 x 76 ftThe land comes with the home

About this home

An exceptional opportunity to own a beautifully renovated, fully equipped restaurant in one of Ontario's most charming and rapidly growing communities. Perfectly positioned in the heart of historic Fergus, this turnkey establishment offers the ideal blend of modern upgrades, character, and unlimited potential. Occupying approximately 1,850 square feet, the restaurant offers a well-designed layout that comfortably accommodates both front-of-house dining and an efficient commercial kitchen. Tastefully renovated and updated in 2023, the space has been thoughtfully designed forefficiency and guest experience. The commercial kitchen features a professionally installedhood ventilation system, beer draft system, dedicated prep and dishwashing areas, office space,and all the infrastructure needed to begin operating immediately.One of the property's standout features is the garage door, allowing the dining room to openonto the street during the warmer months and creating an inviting indoor-outdoor atmospherethat guests love. The building is also equipped with both air conditioning and forced-airheating for year-round comfort.The restaurant includes a liquor licence for up to 100 guests, with the licence available totransfer to the new owner (subject to AGCO approval). A seasonal sidewalk patio is alsoavailable, subject to continued municipal approval, providing additional seating and a vibrantstreet presence throughout the summer months.Downstairs offers valuable additional space that can be customized for private dining, events,overflow seating, storage, catering operations, or future expansion.Located just minutes from the world-renowned Elora Gorge and the picturesque village of Elora,Fergus attracts thousands of visitors throughout the year for its festivals, outdoorrecreation, boutique shopping, and thriving culinary scene. With a strong local customer baseand steady tourism traffic, this location presents an outstanding opportunity for restaurants.

The home

Type
Sale of business
Lot size
18 x 76 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Property taxes
$700/yr
Tax year
2026
Occupancy
Vacant
Possession
Immediate
Cross street
St Andrew St & St David St
Neighbourhood
Fergus

More

MLS® number
X14154386

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Want to know something that isn’t listed?
Estimated monthly cost$764per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    120 St Andrew Street, Centre Wellington, ON N1M 1N5

    Fergus, Centre Wellington · Near St Andrew St & St David St

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    Sold history

    Listing history for 120 St Andrew Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 120 St Andrew Street W

    Answers come straight from this home’s MLS® listing.

    How much is 120 St Andrew Street W listed for, and what would it cost each month?

    120 St Andrew Street W is listed for $174,900. With 20% down ($34,980), the mortgage payment would be roughly $705 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $764 a month, all in. That figure is an illustration, not a quote.

    Is 120 St Andrew Street W freehold or a condo, and is there a monthly fee?

    120 St Andrew Street W is a sale of business in Fergus, Centre Wellington. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 120 St Andrew Street W have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 120 St Andrew Street W?

    120 St Andrew Street W is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 120 St Andrew Street W, and what is the lot size?

    The lot is listed as 18 x 76 ft.

    How is 120 St Andrew Street W heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    What are the property taxes for 120 St Andrew Street W?

    Property taxes are $700 a year (2026), or about $58 a month.

    Where is 120 St Andrew Street W?

    120 St Andrew Street W is in the Fergus community of Centre Wellington. The nearest main intersection is St Andrew St & St David St. The postal code is N1M 1N5.

    Is 120 St Andrew Street W still for sale?

    Yes. It is an active listing (MLS® X14154386). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 120 St Andrew Street W asking?

    Similar properties for sale nearby right now include 9 - 181 St Andrew Street E at $149,888, 104A - 840 TOWER Street S at $149,000 and 218 Beach Road at $139,000 (1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 120 St Andrew Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 120 St Andrew Street W?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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