Unknown for 46342 Sparta Line, Central Elgin Ontario N0L 2H0
Re-listed 26 days ago

46342 Sparta Line, Central Elgin, Ontario N0L 2H0

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$•••,•••
$739,900
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Highlights

Property Estimate

Days on market26 days

Total days on market
131 days

Estimated valueNot available

Price/Sqft-

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Description

Your 2nd floor residence is included in this unique opportunity! 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

StyleWith Property
View-
Age of property-
SqFt-
Lot Size4,960 SqFt(62 x 80)
Parking Spaces-
MLS ®NumberX12230830
Community NameCentral Elgin
Data SourceTRREB
Listing byOAK AND KEY REAL ESTATE BROKERAGE, INC.

Features

Heating: Gas Forced Air Open
Cooling: Y
Basement: Y

Features

Lot size: 4,960 SqFt

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

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

35 days

Compared to

2024

47 days

2023

35 days

2022

21 days

New Listings

Past 30 days

56 listings

Compared to

2024

64 listings

2023

112 listings

2022

94 listings

Units sold

Past 30 days

19 units

Compared to

2024

34 units

2023

50 units

2022

23 units

Median Sold Price

Past 30 days

$655,000

Compared to

2024

$697,500

2023

$700,000

2022

$457,000


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