56 Yonge Street S, Springwater, ON L0L 1P0
Elmvale, Springwater · Near Yonge St. S & Queen St · View map
About this home
Turn-Key Commercial Opportunity in Elmvale Exceptional all-brick commercial building in an excellent, high-traffic Elmvale location. This well-maintained property offers 17 parking spaces, an outdoor deck, and a covered porch, making it an ideal setting for a restaurant, retail business, or other commercial venture.The upper level features a spacious retail area, two bathrooms, and included restaurant equipment. The fully finished lower level offers a walk-in cooler, walk-in freezer, three-piece bathroom, large storage room, and furnace/utility room. Previously home to a Mr. Sub restaurant, the property is currently operating as BUB's Greek Street Food and is in excellent condition. With its versatile layout, generous parking, and turn-key setup, this is a fantastic opportunity for an owner-operator or investor. Call today to learn more or arrange a viewing.
The home
- Type
- Commercial retail
- Square footage
- 1980 sq ft
- Lot size
- 66 x 132 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
- $4,387/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- Yonge St. S & Queen St
- Neighbourhood
- Elmvale
More
- MLS® number
- S14112650
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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.
56 Yonge Street, Springwater, ON L0L 1P0
Elmvale, Springwater · Near Yonge St. S & Queen St
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Listing history for 56 Yonge Street
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 56 Yonge Street S
Answers come straight from this home’s MLS® listing.
How much is 56 Yonge Street S listed for, and what would it cost each month?
56 Yonge Street S is listed for $599,900. With 20% down ($119,980), the mortgage payment would be roughly $2,420 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,785 a month, all in. That figure is an illustration, not a quote.
Is 56 Yonge Street S freehold or a condo, and is there a monthly fee?
56 Yonge Street S is a commercial retail 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 56 Yonge Street S 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 56 Yonge Street S?
56 Yonge Street S is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 56 Yonge Street S, and what is the lot size?
The lot is listed as 66 x 132 ft.
How is 56 Yonge Street S heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 56 Yonge Street S?
Property taxes are $4,387 a year (2026), or about $366 a month.
Where is 56 Yonge Street S?
56 Yonge Street S is in the Elmvale community of Springwater. The nearest main intersection is Yonge St. S & Queen St. The postal code is L0L 1P0.
Is 56 Yonge Street S still for sale?
Yes. It is an active listing (MLS® S14112650). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 56 Yonge Street S asking?
Similar properties for sale nearby right now include 22 Burton Crescent at $699,000 (2+1 bed), 152 Ritchie Crescent at $575,000 (3 bed) and 35 Strath Crescent at $574,328 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 56 Yonge 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 56 Yonge Street S?
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.
Detached home$699,00022 Burton Crescent, Springwater2+1 bed · 2 bath · ElmvaleCourtesy of: Real Broker Ontario Ltd.View home →
Semi-detached home$575,000152 Ritchie Crescent, Springwater3 bed · 2 bath · ElmvaleCourtesy of: FARIS TEAM REAL ESTATE BROKERAGEView home →
Freehold townhouse$574,32835 Strath Crescent, Springwater3 bed · 3 bath · ElmvaleCourtesy of: RE/MAX HALLMARK CHAY REALTYView home →Courtesy of: RE/MAX By The Bay Brokerage
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.