46 Queen Street
Elmvale, Springwater, L0L 1P0
$99,000
Reduced $30,000 from $129,000
Listed 109 days ago · MLS® S13519972
About this home
***Taxes Yet to Be Assessed*** Own a thriving Indian restaurant in one of Simcoe County's growing communities! Golden Hours Indian Bistro - Elmvale is a fully operational, liquor-licensed restaurant offering an excellent turnkey business opportunity just 10 km from Wasaga Beach on a major route connecting to the beach. Strategically located in the heart of Elmvale, the restaurant benefits from strong drive-by exposure, surrounding new residential developments, and a prime location directly across from the community center. A high school is located just 500 meters south, while the local arena is only steps away, providing consistent customer traffic throughout the year. The premises offer approximately 1,800 sq. ft. of main-floor restaurant space, plus an additional 700 sq. ft. unfinished basement ideal for storage. Additional storage is also available at the rear of the building. The property features three separate entrances and separate men's and women's washrooms. The current lease extends until 2030, with an option to renew for an additional five years. The current monthly rent is $2,765, including TMI and HST, making this an attractive opportunity for entrepreneurs or investors looking to step into a well-established restaurant in a growing market with limited direct competition. Don't miss this rare opportunity to own a successful restaurant in a high visibility location with excellent growth potential.
Details
- Type
- Sale Of Business
- Garage
- None
- Neighbourhood
- Elmvale
- Municipality
- Springwater
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
Building and exterior
- Building area
- 2,500 Square Feet
More
- Possession
- Immediate
- Cross street
- Yonge Street S & Queen Street W
- Business type
- Fast Food/Takeout
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Somewhat walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 1 grocery store, 6 cafés and restaurants, 0 parks, 1 pharmacy. Nearest grocery: Foodland (100 m).
Schools nearby
Elementary
- Cookstown Central Public School
EQAO: Gr 6 reading 81%, math 41%14 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area L0L
- Owners / renters
- 89% / 11%
- Median household income
- $106,000
- Average age
- 44
- Children under 15
- 15%
- Homes
- 95% detached, 0% high-rise
- Commute by transit
- 0%
- Population
- 42,022
Languages spoken most at home besides English: Russian 0.6%, Spanish 0.3%, Polish 0.3%, Portuguese 0.3%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Crime Severity Index for Huronia West (Springwater) (OPP): 23 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
To Union Station (downtown Toronto): 66 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by HOMELIFE G1 REALTY INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.