120 Tollgate Rd W is a business in Cornwall, listed for $89,900.
1The restaurant is currently configured for approximately 80 seats and features a fully equipped commercial kitchen that is exceptionally clean, well maintained, and ready for immediate operation.
2The business has built a strong local reputation and loyal customer base over the years with excellent potential for continued growth.
3Owner willing to provide supplier information and assist with a smooth transition.
How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Cornwall
About 120 Tollgate Road West
The Village Diner has been serving the community for a number of years and offers a fantastic turnkey opportunity for an owner operator or investor looking for an easy transition into a fully operational and established business. The restaurant is currently configured for approximately 80 seats and features a fully equipped commercial kitchen that is exceptionally clean, well maintained, and ready for immediate operation. All chattels and equipment are owned by the current owner and are included in the sale, allowing a new owner to step in and start operating from day one. The business has built a strong local reputation and loyal customer base over the years with excellent potential for continued growth. Currently operating as a successful breakfast and lunch restaurant, there is also exciting opportunity for a new owner to expand hours and introduce dinner service to further maximize revenue potential. Owner willing to provide supplier information and assist with a smooth transition. A rare opportunity to purchase a well established and cared for restaurant business with everything in place to succeed.
Cornwall business priced at $89,900 — book a tour to see if it fits your search.
Inside 120 Tollgate Rd 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 Tollgate Rd W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
For homeowners nearby
Own a home on Tollgate Road West? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 120 Tollgate Rd W with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 120 Tollgate Rd W day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings238Homes for sale here right now.
Median vs prior 90 days+3.7%Compared with May 15 – Aug 13, 2026: prices up.
Based on 276 sales from Aug 13 – Nov 11, 2026 (197 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 120 Tollgate Rd W
How much is 120 Tollgate Rd W listed for?
120 Tollgate Rd W is listed at $89,900 (MLS® X13122404). Summitly updates the price as soon as the MLS® record changes.
Has the price of 120 Tollgate Rd W changed?
Yes — it was first listed at $139,900 and is now $89,900, a drop of $50,000 (35.7%).
How many bedrooms and bathrooms does 120 Tollgate Rd W have?
The listing for 120 Tollgate Rd W doesn't publish its bedroom and bathroom count. It is a commercial property in Cornwall.
How does 120 Tollgate Rd W compare with other homes in Cornwall?
Its asking price of $89,900 is about 78% below the median sold price in Cornwall over the last 90 days, $416,000, across 276 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 Tollgate Rd W been sold before?
Summitly has no earlier MLS® sale or lease of 120 Tollgate Rd W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 120 Tollgate Rd W?
120 Tollgate Rd W is in Cornwall, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 120 Tollgate Rd W been on the market?
182 days — 120 Tollgate Rd W was listed on May 13, 2026.
What is the land transfer tax on 120 Tollgate Rd W?
About $624 in Ontario land transfer tax at the asking price of $89,900. 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 Tollgate Rd 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 Tollgate Rd W?
The listing for 120 Tollgate Rd W doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Cornwall.
When was 120 Tollgate Rd W built?
The listing for 120 Tollgate Rd W doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
