13 Queen St W is a 5-bathroom business in Springwater, listed for $2,875,000.
1BUILDING & Business for sale!
2Ideally situated in the heart of this vibrant and growing community, the property offers multiple income streams with a fully equipped tavern, café space and three on-site residential apartments.
3Ample on-site parking and an outdoor patio further enhance the property's year-round appeal.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
5 Bath Commercial Property in Springwater
About 13 Queen Street West
BUILDING & Business for sale! Exceptional opportunity to acquire The Palace Tavern, an established Elmvale business together with its approximately 4,700 sq. ft. mixed-use building. Ideally situated in the heart of this vibrant and growing community, the property offers multiple income streams with a fully equipped tavern, café space and three on-site residential apartments. The popular tavern is known for its welcoming atmosphere, live entertainment and signature Jam Nights, providing an excellent foundation for a new owner to continue and expand the operation. Ample on-site parking and an outdoor patio further enhance the property's year-round appeal. Whether you are an entrepreneur seeking a turnkey hospitality business or an investor looking for a versatile commercial and residential asset, this unique offering presents outstanding potential in a well-established community. A rare opportunity to own the real estate and business under one roof!
Springwater business priced at $2,875,000 — book a tour to see if it fits your search.
Inside 13 Queen 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
13 Queen 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® S13794584$2,875,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 13 Queen St W Compares to the Springwater 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.
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 market38Homes sold in about 38 days on average.
Sale-to-list ratio96.6%On average, homes sold below asking.
Active listings203Homes for sale here right now.
Median vs prior 90 days+1.7%Compared with May 12 – Aug 10, 2026: prices up.
Based on 123 sales from Aug 10 – Nov 8, 2026 (75 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 13 Queen St W
How much is 13 Queen St W listed for?
13 Queen St W is listed at $2,875,000 (MLS® S13794584). Summitly updates the price as soon as the MLS® record changes.
Has the price of 13 Queen St W changed?
No — 13 Queen St W is still listed at its original asking price of $2,875,000.
How many bedrooms and bathrooms does 13 Queen St W have?
13 Queen St W has 5 bathrooms. It is a commercial property in Springwater.
How does 13 Queen St W compare with other homes in Springwater?
Its asking price of $2,875,000 is about 223% above the median sold price in Springwater over the last 90 days, $890,000, across 123 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 13 Queen St W been sold before?
Summitly has no earlier MLS® sale or lease of 13 Queen St W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 13 Queen St W?
13 Queen St W is in Springwater, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 13 Queen St W been on the market?
54 days — 13 Queen St W was listed on September 15, 2026.
What is the land transfer tax on 13 Queen St W?
About $58,350 in Ontario land transfer tax at the asking price of $2,875,000. 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 13 Queen 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 13 Queen St W?
The listing for 13 Queen St W doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Springwater.
When was 13 Queen St W built?
The listing for 13 Queen St W doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
