MLS: S13794584 Date listed: 2026-09-17
13 Queen St W Springwater - Elmvale
Sale Of Business For sale
Listed for $ 2,875,000

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- BEDS
5 BATH
- SQ. FT.
0 GARAGE
See apartment on the map
- BEDS
5 BATH
- SQ. FT.
0 GARAGE

Description

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

BUILDING & BUSINESS FOR SALE! Exceptional opportunity to acquire The Palace Tavern, an established Elmvale business together with its approximately 4,700 sq. ft. mixed-use building. Ideally situated in the heart of this vibrant and growing community, the property offers multiple income streams with a fully equipped tavern, café space and three on-site residential apartments. The popular tavern is known for its welcoming atmosphere, live entertainment and signature Jam Nights, providing an excellent foundation for a new owner to continue and expand the operation. Ample on-site parking and an outdoor patio further enhance the property's year-round appeal. Whether you are an entrepreneur seeking a turnkey hospitality business or an investor looking for a versatile commercial and residential asset, this unique offering presents outstanding potential in a well-established community. A rare opportunity to own the real estate and business under one roof!

Key Facts:

Tax: $3,719 / 2025
Property Type: Sale Of Business
Lot Size: 68.5 x 165.53 feet
Lot Irregularities: PT LT E S/S QUEEN ST PL 324 ELMVALE; PT N1/2 LT 6 CON 8 FLOS AS IN RO933367; S/T RO933367; SPRINGWATER
Basement: Y
Listing #: S13794584
Days on Site: 50 days
Status Change: 48 days ago
Added to CiRealty: 2026-09-17
Updated on: 2026-09-16
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for 13 Queen St W, Springwater. Listed for $2,875,000 on 2026-09-17
Property
Property Type: Sale Of Business
Style: With Property
Community: Elmvale
Municipality: Springwater
Inside
Bathrooms: 5
Utilities
Water: Municipal
Cooling: Y
Heating Type: Elec Forced Air
Parking
Garage Type: None
Land
Frontage: 68.5 feet
Depth: 165.53 feet
Cross Street: Yonge St N Queen Str W
Property
Property Type: Sale Of Business
Style: With Property
Community: Elmvale
Municipality: Springwater
Parking
Garage Type: None
Inside
Bathrooms: 5
Land
Frontage: 68.5 feet
Depth: 165.53 feet
Cross Street: Yonge St N Queen Str W
Utilities
Water: Municipal
Cooling: Y
Heating Type: Elec Forced Air
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