Homula Realty Brokerage
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17 King Street E, Kawartha Lakes, ON K0M 1A0

Sale Of Business
$1,199,000

Outstanding opportunity to own this landmark restaurant and property. The original Just for the Halibut has been family owned and operated for decades and has an incredible following from locals and visitors to Bobcaygeon and surrounding areas. Fully licensed with seating for 100 inside and 30 on rear patio. Potential to obtain permission to allow the basement to be utilized as a separate pub/lounge area, ideal for darts and/or billiards. Plenty of storage areas. Parking in rear for 17+ cars. Full turnkey operation as it is with all equipment included. Alternatively the property could be converted into a different restaurant category. It could suit a steakhouse, Japanese, Korean, Chinese, Smokehouse or many other options. Restaurant only open four days a week 12 -8 and could operate seven days a week with extended hours. A full narrative AACI appraisal was completed in June 2026 and is attached to listing for review. Three years financial statements with signed NDA for review during due diligence period contained in an Offer. Flexible closing.

MLS number
X13571312
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
Postal code
K0M 1A0
Photos
50
Property tax
$5,921 / year
60days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Scott Young Public School
Trillium Lakelands DSB
Elementary569 m7.7 / 10
77% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 442 people.

$77,500Median household income
88.6%Own their home
91.7%Detached houses
44.4Median age
4.4%Born outside Canada
6.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35160179 — the few blocks around this address, home to 442 people. It describes the area, not this property.

442Population
43.7Average age
2.4Household size
$94,000Average household income
$77,500Median household income
89%Own their home
11%Rent
0%Condominiums
4%Born outside Canada
7%University degree
$510,000Average home value
8%Low income
97%Not in the labour force
22%Never married
$20,000 to $24,9994%
$30,000 to $34,9992%
$35,000 to $39,9996%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9996%
$60,000 to $69,9998%
$70,000 to $79,9996%
$80,000 to $89,9992%
$90,000 to $99,9992%
$100,000 and over29%
$100,000 to $124,99914%
$125,000 to $149,9996%
$150,000 to $199,9996%
$200,000 and over4%

Percentages are of the 245 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$239,800 · minimum here is $94,900
$5,308.91per month
Borrowed before insurance$959,200
Total borrowed$959,200
Interest over 25 years at 4.5%$633,474

If you rented it out

-$5,802.33per month out of pocket
Rent$0.00
Everything it costs to hold$5,802.33
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Ball Real Estate Inc.. Listing data provided by the Toronto Regional Real Estate Board.