119 Pembroke St W is a 5-bathroom business in Pembroke, listed for $419,900.
1This well established downtown icon has been thriving since 1967.
2It offers a fantastic opportunity to own a turnkey business with a loyal customer base and prime visibility, all while continuing to produce strong income.
3The restaurants loyal customer base and longstanding reputation for quality meals and excellent service makes it an ideal choice for both experienced restaurateurs and those entering the restaurant biz.
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5 Bath Commercial Property in Pembroke
About 119 Pembroke Street West
This well established downtown icon has been thriving since 1967. It offers a fantastic opportunity to own a turnkey business with a loyal customer base and prime visibility, all while continuing to produce strong income. With a prime location in a high-traffic area, the business benefits from steady repeat clientele along with high foot traffic during breakfast/lunch/dinner times. This restaurant is also listed on major food delivery platforms including Valley Eats and Uber Eats. The restaurants loyal customer base and longstanding reputation for quality meals and excellent service makes it an ideal choice for both experienced restaurateurs and those entering the restaurant biz. The second level offers 2 one(+) bedroom residential apartments (each with separate hydro metre). The basement is dry, and presently used for storage, staff bath, walk in fridge and office space. Upgrades include: Full renovation of customer washrooms in restaurant (2020); Installation of two electric high volume air conditioners and heat pump units (2022); Electric hot water tank for restaurant (2023); Custom security door at back of restaurant (2023). Bonanza is a local family brand restaurant with over 50 years of fantastic service and comforting home style food - ready for new ownership and new opportunity. 60 seat dining capacity. Full restaurant financials available to qualified buyers. 24 hour irrevocable on all offers.
Pembroke business priced at $419,900 — book a tour to see if it fits your search.
Inside 119 Pembroke St W
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
2425
Listing & possession
Property class
Sale Of Business
119 Pembroke St W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 119 Pembroke St W
Homes for sale in Pembroke
Every active Pembroke MLS® listing, updated all day.
Average days on market42Homes sold in about 42 days on average.
Sale-to-list ratio97.3%On average, homes sold below asking.
Active listings92Homes for sale here right now.
Median vs prior 90 days+4.3%Compared with May 14 – Aug 12, 2026: prices up.
Based on 84 sales from Aug 12 – Nov 10, 2026 (85 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 119 Pembroke St W
How much is 119 Pembroke St W listed for?
119 Pembroke St W is listed at $419,900 (MLS® X12509664). Summitly updates the price as soon as the MLS® record changes.
Has the price of 119 Pembroke St W changed?
Yes — it was first listed at $489,900 and is now $419,900, a drop of $70,000 (14.3%).
How many bedrooms and bathrooms does 119 Pembroke St W have?
119 Pembroke St W has 5 bathrooms. It is a commercial property in Pembroke.
How does 119 Pembroke St W compare with other homes in Pembroke?
Its asking price of $419,900 is about 12% above the median sold price in Pembroke over the last 90 days, $375,450, across 84 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 119 Pembroke St W been sold before?
Summitly has no earlier MLS® sale or lease of 119 Pembroke St W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 119 Pembroke St W?
119 Pembroke St W is in Pembroke, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 119 Pembroke St W been on the market?
371 days — 119 Pembroke St W was listed on November 4, 2025.
What is the land transfer tax on 119 Pembroke St W?
About $4,873 in Ontario land transfer tax at the asking price of $419,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 119 Pembroke St W or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 119 Pembroke St W?
The listing for 119 Pembroke St W doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Pembroke.
When was 119 Pembroke St W built?
The listing for 119 Pembroke St W doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.