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56 Yonge St S 1,600 SF Retail Building Springwater, ON L0L 1P0 $825,000 CAD ($515.63 CAD/SF)



EXECUTIVE SUMMARY
Exceptional commercial opportunity located on the main strip of Elmvale, surrounded by established residential neighborhoods and steady local demand. This site offers prime visibility, constant foot traffic, and additional exposure from highway traffic flowing directly through town. The property sits in a high-growth corridor and is perfectly positioned for an operator looking to capitalize on an area known for its long-standing, loyal customer base. Situated among established national chains-including Tim Hortons and McDonald's-this location benefits from strong neighboring traffic and consistent consumer draw. With drive-through potential, strong site lines, and flexible commercial zoning, this location is ideal for a fast-casual concept, café, retail, or service-based business. The area's demographics, neighborhood stability, and year-round traffic make this a rare chance to secure a profitable, high-performing commercial asset in a sought-after community. PLEASE NOTE: Current business remains in full operation. Please do not approach staff or ownership regarding the sale. Property will be delivered vacant upon possession.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,600 SF
Building Class
B
Year Built
1997
Price
$825,000 CAD
Price Per SF
$515.63 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.18
Lot Size
0.20 AC
Zoning
CH - Highway Commercial
Parking
17 Spaces (10.63 Spaces per 1,000 SF Leased)
Frontage
66’ on Yonge Street
AMENITIES
- Storage Space
NEARBY MAJOR RETAILERS
1 of 8
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56 Yonge St S
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