13 Queen Street W, Springwater, ON L0L 1P0
Elmvale, Springwater · Near Yonge St N Queen Str W · View map
About this home
BUILDING & BUSINESS FOR SALE! Exceptional opportunity to acquire The Palace Tavern, an established Elmvale business together with its approximately 4,700 sq. ft. mixed-use building. Ideally situated in the heart of this vibrant and growing community, the property offers multiple income streams with a fully equipped tavern, café space and three on-site residential apartments. The popular tavern is known for its welcoming atmosphere, live entertainment and signature Jam Nights, providing an excellent foundation for a new owner to continue and expand the operation. Ample on-site parking and an outdoor patio further enhance the property's year-round appeal. Whether you are an entrepreneur seeking a turnkey hospitality business or an investor looking for a versatile commercial and residential asset, this unique offering presents outstanding potential in a well-established community. A rare opportunity to own the real estate and business under one roof!
The home
- Type
- Sale of business
- Bathrooms
- 5
- Lot size
- 68.5 x 165.5 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Electric Forced Air
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $3,719/yr
- Tax year
- 2025
- Occupancy
- Owner+Tenant
- Possession
- Flexible
- Cross street
- Yonge St N Queen Str W
- Neighbourhood
- Elmvale
More
- MLS® number
- S13794584
No matching details. Ask Will instead
No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
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.
13 Queen Street, Springwater, ON L0L 1P0
Elmvale, Springwater · Near Yonge St N Queen Str W
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 13 Queen 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.
Frequently asked questions about 13 Queen Street W
Answers come straight from this home’s MLS® listing.
How much is 13 Queen Street W listed for, and what would it cost each month?
13 Queen Street W is listed for $2,875,000. With 20% down ($575,000), the mortgage payment would be roughly $11,597 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $11,907 a month, all in. That figure is an illustration, not a quote.
Is 13 Queen Street W freehold or a condo, and is there a monthly fee?
13 Queen Street W is a sale of business in Elmvale, Springwater. 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 13 Queen 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 13 Queen Street W?
13 Queen 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 13 Queen Street W, and what is the lot size?
The lot is listed as 68.5 x 165.5 ft.
How is 13 Queen Street W heated and cooled?
Heating is electric forced air. Cooling is yes.
What are the property taxes for 13 Queen Street W?
Property taxes are $3,719 a year (2025), or about $310 a month.
Where is 13 Queen Street W?
13 Queen Street W is in the Elmvale community of Springwater. The nearest main intersection is Yonge St N Queen Str W. The postal code is L0L 1P0.
Is 13 Queen Street W still for sale?
Yes. It is an active listing (MLS® S13794584). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 13 Queen Street W asking?
Similar properties for sale nearby right now include 7 William Street at $2,599,000, 58 Queen St Street W at $2,790,000 (10 bed) and 1335 Flos Rd Road W at $2,398,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 13 Queen 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 13 Queen 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.
Similar properties nearby
More properties for sale near Elmvale, picked by style, size and price.
Industrial$2,599,0007 William Street, SpringwaterElmvaleCourtesy of: GRANGE HALL REALTY INC.View home →
Store w apt / office$2,790,00058 Queen St Street W, Springwater10 bed · 8 bath · ElmvaleCourtesy of: RE/MAX HALLMARK CHAY REALTYView home →
Sale of business$2,398,0001335 Flos Rd Road W, SpringwaterRural SpringwaterCourtesy of: Keller Williams Experience RealtyView home →Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.