• Mobile: 416-949-2626
  • Office: 416-293-8500
  • Fax: 905-913-8585

$739,900
Available - For Sale
Listing ID: X12230823
46342 Sparta Line , Central Elgin, N0L 2H0, Elgin


Commercial with Residence combined for this unique opportunity! Step into a piece of history with the remarkable Sparta House, built between 1838 and 1840 by David Mills as an elegant hotel. This stunning colonial-style building, with its iconic double-decked verandah and spacious upper ballroom, has witnessed a rich tapestry of community life over the years. After its hotel days, the Sparta House transitioned into a general store under Ira Hilborn before becoming a beloved gathering place during the Moedinger era where locals would convene around the central stove to exchange stories and engage in lively discussions. In more recent years, the building has evolved into a charming Tearoom/Restaurant, blending its historical charm with contemporary dining experiences. The meticulous restoration has brought the Sparta House back to its former glory, making it the perfect destination for both returning patrons and first-time visitors. This unique opportunity comes complete with a stunning upper 2+1 Bedroom owners apartment with a huge walk out verandah overlooking the main street. Located in the historic village of Sparta, this property is surrounded by an array of antique shops, craft stores, and artist studios. The village features informative displays highlighting the history of its buildings, contributing to a delightful walking tour experience. With the popular destinations of Port Stanley and Port Bruce just a short drive away, the Sparta House offers a fantastic opportunity to attract tourists looking for a unique and relaxing stop on their journeys. Don't miss your chance to own this iconic landmark, rich in history and poised for future success! **EXTRAS** restaurant operating equipment included, some chattels excluded. Owners is willing to train new owners and staff for a limited period.
Price $739,900
Taxes: $4049.00
Tax Type: Annual
Assessment Year: 2024
Occupancy: Owner
Address: 46342 Sparta Line , Central Elgin, N0L 2H0, Elgin
Postal Code: N0L 2H0
Province/State: Elgin
Directions/Cross Streets: Quaker Line
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Retail
Use: Hospitality/Food Related
Building Percentage: T
Total Area: 2400.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Sprinklers: No
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Water: Drilled W
Water Supply Types: Drilled Well
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
OAK AND KEY REAL ESTATE BROKERAGE, INC.
Personal Picture
Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
 
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At a Glance:
Type: Com - Commercial Retail
Area: Elgin
Municipality: Central Elgin
Neighbourhood: Sparta
Style:
Lot Size: x 62.00(Feet)
Approximate Age:
Tax: $4,049
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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