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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 45 daysPrice drop · $40,000 off (-22.3%)

    120 Owen Sound Street

    Shelburne·Shelburne, ON·L9V 3L3·Near Hwy 89/Owen Sound St

    • 1 bath
    Shelburne real estate›X13209972
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Established Fast/Food Restaurant business opportunity located in the growing community of Shelburne. Currently operating as Mexcellant Burritos, This is a Sale of Business offering an excellant opportunity for an owner-operator or investor to take over a fully equipped restaurant space and continue with the existing concept or introduce a new restaurant idea. The space is set up for dine-in, take out, and online ordering, making it suitable for a wide range of food service operations. Featuring great street exposure, strong local traffic and convenient accessibility, this location benefits from being situated in a growing residential and commercial area. The restaurant includes a commercial kitchen setup, equipment, fixture, furniture and accessories, providing a great opportunity with reduced startup costs and immediate operating potential. Ideal for a variety of restaurant concept including Mexican cuisine, burgers, pizza, cafe, shawarma , fast food or specially dining an added bonus to this lease is the spacious 3-bedroom , 1 -kitchen ,1-washroom apartment located directly above the restaurant. The upper-level space can be used for employee accommodation, owner occupancy, office space or additional storage, adding exceptional value and flexibility to the business operation. Excellent opportunity to establish or expand your restaurant business in a developing market with strong growth potential and a ready-to-operate setup.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 10, 2026Price reducedCurrentReduced$139,000−$40,000 (22.3%)X13209972This page
    May 27, 2026ListedCurrentFor sale$179,000 —X13209972This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Gas Forced Air Closed
      Air conditioning
      Yes
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 120 Owen Sound Street
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $683
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $76
    0.66% mill rate · ON
    The market

    How this home sits in the Shelburne market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Shelburne market right now

    Average sold price, days on market, and closed-transaction count for Shelburne — sourced from MLS®.

    • Avg sold price
      $630,626
      Last 30 days
    • Median sold price
      $630,000
      Middle of the market
    • Days on market
      38 d
      Avg from list to close
    • Closed last 30d
      31
      MLS® transactions
    Full Shelburne market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 120 Owen Sound Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 120 Owen Sound Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 120 Owen Sound Street listed for?

      120 Owen Sound Street is listed at $139,000 on the MLS® (listing X13209972). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 120 Owen Sound Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 1000 sqft
  2. Sale Of Business
  3. Asking
    $139,000
    $139 / sqft · MLS® X13209972
    Chat Zara
  4. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $630,626
    $580,176Confidence range$681,076
    Asking vs estimate
    ↓below
    −$491,626
    (-78.0%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Shelburne sell in about 38 days — this one has been listed 45 days.

    Avg sold price
    $630,626
    Median sold
    $630,000
    Avg days on market
    38
    Recently sold
    31
    See comparable sales
    • Established Fast/Food Restaurant business opportunity located in the growing community of Shelburne.
    • The space is set up for dine-in, take out, and online ordering, making it suitable for a wide range of food service operations.
    • The restaurant includes a commercial kitchen setup, equipment, fixture, furniture and accessories, providing a great opportunity with reduced startup costs and immediate operating potential.
    • The upper-level space can be used for employee accommodation, owner occupancy, office space or additional storage, adding exceptional value and flexibility to the business operation.
    Ask Zara a follow-up
    Sanitary+Storm Available
  5. Parking & garage

    1
    Garage
    Outside/Surface
  6. Interior

    1
    Elevator
    None
  7. Lot & land

    2
    Lot dimensions
    0.00 x 0.00 Feet
    Zoning
    Commercial C1
  8. Listing & possession

    3
    Occupancy
    TBD
    Property style
    Without Property
    Property class
    Sale Of Business
  9. Combined estimate
    $759
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $683
    /mo
    based on the purchase price of $139,000
    $27,800 cash
    $111,200 financed
    $93,660 total interest
    Monthly payment$683/ month
    Principal54%$111,200
    Interest46%$93,660

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

    More sale of businesss in Shelburne

    Active listings within ±20% of this asking price.

    • 115 Main Street
      $149,999
      115 Main Street
      Sale Of Business
    • 303 Col Phillips Drive
      $119,000
      303 Col Phillips Drive
      Sale Of Business
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  10. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  11. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  12. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  13. Public listing courtesy of HOMELIFE MAPLE LEAF REALTY LTD. · displayed on Summitly per MLS® data-share rules

    120 Owen Sound Street is a 1-bath, 1000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  14. When was 120 Owen Sound Street built?

    The year built for 120 Owen Sound Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  15. What is the property tax for 120 Owen Sound Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 120 Owen Sound Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  16. How much would the monthly mortgage be on 120 Owen Sound Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $139,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  17. Has 120 Owen Sound Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 120 Owen Sound Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  18. What neighbourhood is 120 Owen Sound Street in?

    120 Owen Sound Street is in Shelburne, Shelburne. The 'Neighbourhood' section below links to the live Shelburne real estate hub with average sold price, days on market, and current inventory.

  19. Is Shelburne a good place to live?

    Shelburne is one of ON's actively-tracked Summitly markets. The full Shelburne real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.