46349 Sparta Line, Central Elgin, ON N0L 2H0
Sparta, Central Elgin · Near Quaker · View map
About this home
Excellent investment opportunity in the historic village of Sparta! This versatile five-unit commercial/residential property offers a great mix of income-producing space along with additional future potential. The main level features three separate commercial units, providing flexibility for a variety of businesses, professional services or retail uses. The second floor includes two residential apartments: a two-bedroom unit that is currently tenanted and a vacant one-bedroom unit, offering the opportunity for immediate occupancy or to select your own tenant. Also located on the second floor is a large unfinished open space that may offer potential for an additional residential unit or other use, subject to municipal approvals, zoning and required permits. The property offers ample on-site parking along with a large detached storage building at the rear, providing valuable additional space for tenants, owners or commercial users. An exceptional financing opportunity: the Seller is willing to consider a Vendor Take-Back (VTB) mortgage of up to 80% of the purchase price, subject to mutually acceptable terms and conditions. Further details are available to qualified interested parties. The current owner has resided the rear of the property, added a new accessible ramp and freshly painted the vacant apartment. With multiple income streams, a vacant residential unit, additional unfinished space and the potential for significant vendor financing, this is a unique opportunity for an investor or owner/operator looking to establish themselves in the charming community of Sparta.
The home
- Type
- Commercial retail
- Square footage
- 3500 sq ft
- Lot size
- 120 x 132 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Driveway spaces
- 7
- Total parking
- 7
Taxes & other
- Property taxes
- $5,748/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- flexible
- Cross street
- Quaker
- Neighbourhood
- Sparta
More
- MLS® number
- X13865410
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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.
46349 Sparta Line, Central Elgin, ON N0L 2H0
Sparta, Central Elgin · Near Quaker
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Listing history for 46349 Sparta Line
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 46349 Sparta Line
Answers come straight from this home’s MLS® listing.
How much is 46349 Sparta Line listed for, and what would it cost each month?
46349 Sparta Line is listed for $699,000. With 20% down ($139,800), the mortgage payment would be roughly $2,820 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,299 a month, all in. That figure is an illustration, not a quote.
Is 46349 Sparta Line freehold or a condo, and is there a monthly fee?
46349 Sparta Line is a commercial retail in Sparta, Central Elgin. 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 46349 Sparta Line have a garage and parking?
The listing does not show a garage. The driveway adds 7 spaces. In total the listing counts 7 parking spaces.
What style of home is 46349 Sparta Line?
46349 Sparta Line is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 46349 Sparta Line, and what is the lot size?
The lot is listed as 120 x 132 ft.
How is 46349 Sparta Line heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 46349 Sparta Line?
Property taxes are $5,748 a year (2025), or about $479 a month.
Where is 46349 Sparta Line?
46349 Sparta Line is in the Sparta community of Central Elgin. The nearest main intersection is Quaker. The postal code is N0L 2H0.
Is 46349 Sparta Line still for sale?
Yes. It is an active listing (MLS® X13865410). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 46349 Sparta Line asking?
Similar properties for sale nearby right now include 9664 Belmont Road at $819,000 (4 bed), 205 Emery Street at $715,000 (2+1 bed) and 18 - 10 Mcpherson Court N at $629,000 (2+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 46349 Sparta Line 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 46349 Sparta Line?
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 Sparta, picked by style, size and price.
Commercial retail$819,0009664 Belmont Road, Central Elgin4 bed · 2 bath · New SarumCourtesy of: RE/MAX CENTRE CITY REALTY INCView home →
Detached home$715,000205 Emery Street, Central Elgin2+1 bed · 3 bath · Port StanleyCourtesy of: COLDWELL BANKER STAR REAL ESTATEView home →
Detached condo$629,00018 - 10 Mcpherson Court N, Central Elgin2+1 bed · 3 bath · Rural Central ElginCourtesy of: ELGIN REALTY LIMITEDView home →Courtesy of: RIGHT AT HOME REALTY
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.