Patio, building for 46342 Sparta Line, Central Elgin Ontario N0L 2H0
Re-listed 69 days ago

46342 Sparta Line, Central Elgin, Ontario N0L 2H0

Detached
2
3
~3500-5000 sqft
$•••,•••
$675,000
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Detached
2
3
~3500-5000 sqft

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Highlights

Property Estimate

Days on market69 days

Total days on market
245 days

Estimated valueNot available

Price/Sqft$164/sqft

Monthly cost

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Description

A Unique Opportunity! Residence and Restaurant all in one. Step into a piece of history with the remarkable Sparta House, built between 1838 and 1840 by David Mills as an elegant hotel. This stunning colonial-style building, with its iconic double-decked verandah and spacious upper ballroom, has witnessed a rich tapestry of community life over the years. After its hotel days, the Sparta House transitioned into a general store under Ira Hilborn before becoming a beloved gathering place during the Moedinger era where locals would convene around the central stove to exchange stories and engage in lively discussions. In more recent years, the building has evolved into a charming Tearoom/Restaurant, blending its historical charm with contemporary dining experiences. The meticulous restoration has brought the Sparta House back to its former glory, making it the perfect destination for both returning patrons and first-time visitors. This unique opportunity comes complete with a stunning upper 2+1 Bedroom owners apartment with a huge walk out verandah overlooking the main street. Located in the historic village of Sparta, this property is surrounded by an array of antique shops, craft stores, and artist studios. The village features informative displays highlighting the history of its buildings, contributing to a delightful walking tour experience. With the popular destinations of Port Stanley and Port Bruce just a short drive away, the Sparta House offers a fantastic opportunity to attract tourists looking for a unique and relaxing stop on their journeys. Don't miss your chance to own this iconic landmark, rich in history and poised for future success! **EXTRAS** restaurant operating equipment included, some chattels excluded. Owners is willing to train new owners and staff for a limited period.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~3500-5000 SqFt
Lot Size4,960 SqFt(62 x 80)
Parking Spaces2
MLS ®NumberX12368308
Community NameCentral Elgin
Data SourceTRREB
Listing byOAK AND KEY REAL ESTATE BROKERAGE, INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Other

Features

Lot size: 4,960 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
69 days on market
history photo preview38
Listing by trreb®
Property listed by OAK AND KEY REAL ESTATE BROKERAGE, INC., Brokerage
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Market Data - Central Elgin

Geo Zone Map ThumbnailCentral Elgin

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

41 days

Compared to

2024

61 days

2023

40 days

2022

52 days

New Listings

Past 30 days

27 listings

Compared to

2024

24 listings

2023

58 listings

2022

56 listings

Units sold

Past 30 days

14 units

Compared to

2024

22 units

2023

26 units

2022

14 units

Median Sold Price

Past 30 days

$642,500

Compared to

2024

$630,000

2023

$717,500

2022

$784,900


Population and Demographics

Overview

Total population 15810
Average household income $127,633

Age (%)

0 to 19
21%
20 to 34
14%
35 to 49
18%
50 to 64
25%
65 and plus
23%

Household composition (%)

Single family
76%
Single person
22%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
94%
Others
5%

House tenancy (%)

Owners
88%
Renters
12%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget