120 St Andrew St W is a business in Centre Wellington, listed for $174,900.
1An exceptional opportunity to own a beautifully renovated, fully equipped restaurant in one of Ontario's most charming and rapidly growing communities.
2Occupying approximately 1,850 square feet, the restaurant offers a well-designed layout that comfortably accommodates both front-of-house dining and an efficient commercial kitchen.
3Tastefully renovated and updated in 2023, the space has been thoughtfully designed forefficiency and guest experience.
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Commercial Property in Centre Wellington
About 120 St Andrew Street West
An exceptional opportunity to own a beautifully renovated, fully equipped restaurant in one of Ontario's most charming and rapidly growing communities. Perfectly positioned in the heart of historic Fergus, this turnkey establishment offers the ideal blend of modern upgrades, character, and unlimited potential. Occupying approximately 1,850 square feet, the restaurant offers a well-designed layout that comfortably accommodates both front-of-house dining and an efficient commercial kitchen. Tastefully renovated and updated in 2023, the space has been thoughtfully designed forefficiency and guest experience. The commercial kitchen features a professionally installedhood ventilation system, beer draft system, dedicated prep and dishwashing areas, office space,and all the infrastructure needed to begin operating immediately.One of the property's standout features is the garage door, allowing the dining room to openonto the street during the warmer months and creating an inviting indoor-outdoor atmospherethat guests love. The building is also equipped with both air conditioning and forced-airheating for year-round comfort.The restaurant includes a liquor licence for up to 100 guests, with the licence available totransfer to the new owner (subject to AGCO approval). A seasonal sidewalk patio is alsoavailable, subject to continued municipal approval, providing additional seating and a vibrantstreet presence throughout the summer months.Downstairs offers valuable additional space that can be customized for private dining, events,overflow seating, storage, catering operations, or future expansion.Located just minutes from the world-renowned Elora Gorge and the picturesque village of Elora,Fergus attracts thousands of visitors throughout the year for its festivals, outdoorrecreation, boutique shopping, and thriving culinary scene. With a strong local customer baseand steady tourism traffic, this location presents an outstanding opportunity for restaurants.
Centre Wellington business priced at $174,900 — book a tour to see if it fits your search.
Inside 120 St Andrew St W
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
120 St Andrew St W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14154386$174,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 120 St Andrew St W Compares to the Centre Wellington Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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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.
Similar homes for sale nearby in Centre Wellington
Other homes for sale in Centre Wellington around $175K.
Average days on market47Homes sold in about 47 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings201Homes for sale here right now.
Median vs prior 90 days+2.6%Compared with May 10 – Aug 8, 2026: prices up.
Based on 207 sales from Aug 8 – Nov 6, 2026 (141 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 120 St Andrew St W
How much is 120 St Andrew St W listed for?
120 St Andrew St W is listed at $174,900 (MLS® X14154386). Summitly updates the price as soon as the MLS® record changes.
Has the price of 120 St Andrew St W changed?
No — 120 St Andrew St W is still listed at its original asking price of $174,900.
How many bedrooms and bathrooms does 120 St Andrew St W have?
The listing for 120 St Andrew St W doesn't publish its bedroom and bathroom count. It is a commercial property in Centre Wellington.
How does 120 St Andrew St W compare with other homes in Centre Wellington?
Its asking price of $174,900 is about 78% below the median sold price in Centre Wellington over the last 90 days, $779,900, across 207 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 120 St Andrew St W been sold before?
Summitly has no earlier MLS® sale or lease of 120 St Andrew St W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 120 St Andrew St W?
120 St Andrew St W is in Centre Wellington, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 120 St Andrew St W been on the market?
2 days — 120 St Andrew St W was listed on November 4, 2026.
What is the land transfer tax on 120 St Andrew St W?
About $1,474 in Ontario land transfer tax at the asking price of $174,900. 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 120 St Andrew 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 120 St Andrew St W?
The listing for 120 St Andrew St W doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Centre Wellington.
When was 120 St Andrew St W built?
The listing for 120 St Andrew St W doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
