120 Tollgate Road W, Cornwall
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. (id:1945)
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Property details for 120 Tollgate Road W, Cornwall
- Type
- Commercial
- Lot Size
- Unit=288.42 x 453.19 FT
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
Nearby Listings Stat
Estimated price and comparable properties near 120 Tollgate Road W
Active Listings
92
Min Price
$89,900
Max Price
$10,800,000
Avg Price
$638,700
Days on Market
70
days
Sold Listings
36
Min Sold Price
$128,000
Max Sold Price
$6,200,000
Avg Sold Price
$741,275
Days until Sold
59
days
Neighbourhood Census Data
Cornwall, Ontario
Population
971
Median Age
42.3
Median Income
$33,963
Dwelling Value
$205,800
Housing Tenure
Owners 91%
Renters 9%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.6
Pop. Density: 1,790.5/km²
Avg Shelter Cost: $1,046/mo
Owners with Mortgage: 66.7%
Owners Spending 30%+: 13%
Tenants Spending 30%+: 57.1%
English only: 56.9%
French only: 1%
English and French: 40%
Neither: 1.5%
Median Household Income: $70,912
Median Employment Income: $29,824
Price History
Listed
May 13, 2026
by CENTURY 21 SHIELD REALTY LTD.
Current Price
$89,900
-9.6% from last change
Type
Commercial
For Sale
Price Changes
3
| Date | Price | Change |
|---|---|---|
| Current | $89,900 | $9,600 (-9.6%) |
| Oct 1, 2026 | $99,500 | $15,000 (-13.1%) |
| Jul 9, 2026 | $114,500 | $25,400 (-18.2%) |
| Jun 9, 2026 | $139,900 | Listed |