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$1,999,900
Available - For Sale
Listing ID: X11886850
Step into a piece of history with this iconic 170-year-old tavern located in the heart of Maryhill, perfectly positioned between Kitchener/Waterloo and Guelph along a well-traveled commuter route. Brimming with character and charm, this storied property is a unique find that offers a wide range of allowable uses. The tavern itself boasts a welcoming bar area with hand-laid wood floors that echo the warmth and charm of days gone by. Designed for gatherings and entertainment, it features a spacious area with a stage and dance floor- ideal for live music nights, community events, or private parties. Behind the scenes, a full commercial kitchen, complete with a walk-in cooler, supports a wide range of culinary possibilities. From hosting a restaurant to catering events, this kitchen is well-equipped for high-volume service. Adding to the taverns allure are three residential units with separate entrances- two with 2 bedrooms and one with a single bedroom. These spaces are perfect for use as a Bed and Breakfast, catering to guests eager to experience the charm of historic Maryhill, or as long-term rentals that can generate steady income. With its versatile C2 commercial zoning and 1.71 acres of land, this property offers endless possibilities- if youve dreamt of running a traditional tavern, opening a restaurant/bakery, or establishing a refined microbrewery/distillery, this historic gem is a blank canvas awaiting your vision. Furthermore, the propertys potential for lot severance or redevelopment makes this an exciting investment opportunity with a wealth of options for future growth. Dont miss out on this incredible opportunity!
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $99,995 $199,990 $299,985 $399,980
First Mortgage $1,899,905 $1,799,910 $1,699,915 $1,599,920
CMHC/GE $52,247.39 $35,998.2 $29,748.51 $0
Total Financing $1,952,152.39 $1,835,908.2 $1,729,663.51 $1,599,920
Monthly P&I $8,360.92 $7,863.05 $7,408.01 $6,852.33
Expenses $0 $0 $0 $0
Total Payment $8,360.92 $7,863.05 $7,408.01 $6,852.33
Income Required $313,534.4 $294,864.47 $277,800.55 $256,962.5

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Royal LePage Royal City Realty, BROKERAGE

1303 Maryhill Road East , Woolwich, N3B 2K8, Waterloo

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Waterloo
Municipality: Woolwich
Neighbourhood: Dufferin Grove
Style: 3-Storey
Lot Size: x 0.00(Feet)
Approximate Age: 100+
Tax: $9,199.31
Maintenance Fee: $0
Beds: 5
Baths: 5
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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