For saleMLS® X13817674

5104 Highway 138 Highway, South Stormont, ON K0C 2A0

716 - South Stormont (Cornwall) Twp, South Stormont · Near CR 18 and HWY 138 · View map

$300,000
Sale of businessType
NoneParking
$6,179/yrTaxes
$300,000
FreeholdNo monthly condo fee
Lot 157 x 307 ftThe land comes with the home

About this home

**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)

The home

Type
Sale of business
Lot size
157 x 307 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Property taxes
$6,179/yr
Tax year
2025
Occupancy
Owner
Possession
Flexible
Cross street
CR 18 and HWY 138
Neighbourhood
716 - South Stormont (Cornwall) Twp

More

MLS® number
X13817674

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$1,725per month, all in
  • Mortgage
  • Property tax

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    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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    5104 Highway 138 Highway, South Stormont, ON K0C 2A0

    716 - South Stormont (Cornwall) Twp, South Stormont · Near CR 18 and HWY 138

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    Sold history

    Listing history for 5104 Highway 138 Highway

    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 5104 Highway 138 Highway

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

    How much is 5104 Highway 138 Highway listed for, and what would it cost each month?

    5104 Highway 138 Highway is listed for $300,000. With 20% down ($60,000), the mortgage payment would be roughly $1,210 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,725 a month, all in. That figure is an illustration, not a quote.

    Is 5104 Highway 138 Highway freehold or a condo, and is there a monthly fee?

    5104 Highway 138 Highway is a sale of business in 716 - South Stormont (Cornwall) Twp, South Stormont. 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 5104 Highway 138 Highway 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 5104 Highway 138 Highway?

    5104 Highway 138 Highway is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 5104 Highway 138 Highway, and what is the lot size?

    The lot is listed as 157 x 307 ft.

    How is 5104 Highway 138 Highway heated and cooled?

    Heating is gas forced air open. Cooling is yes.

    What are the property taxes for 5104 Highway 138 Highway?

    Property taxes are $6,179 a year (2025), or about $515 a month.

    Where is 5104 Highway 138 Highway?

    5104 Highway 138 Highway is in the 716 - South Stormont (Cornwall) Twp community of South Stormont. The nearest main intersection is CR 18 and HWY 138. The postal code is K0C 2A0.

    Is 5104 Highway 138 Highway still for sale?

    Yes. It is an active listing (MLS® X13817674). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 5104 Highway 138 Highway asking?

    Similar properties for sale nearby right now include 5104 Highway 138 Highway at $300,000, PT LT 1 Conc 4 County Road 18 at $349,000 and 0 County rd 18 Road at $329,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 5104 Highway 138 Highway 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 5104 Highway 138 Highway?

    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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