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30 Queen St W

Queen St WElmvaleSpringwaterON, L0L 1P0

8
Beds
5
Baths
5,409
Sq. Ft.
$1,999,900
List Price
30 Queen St W, Springwater, ON - 1 of 3
30 Queen St W, Springwater, ON - 2 of 3
30 Queen St W, Springwater, ON - 3 of 3
New
24 days on market

Quick Summary

  • Positive cash flow investment opportunity
  • High-end laundromat with loyal clientele
  • Four fully renovated rental apartments
  • Prime downtown location with high visibility
  • Rapidly developing Elmvale area
  • Fully owned laundromat equipment
  • Updated building systems and tenant parking
  • Turnkey investment property

DISCOVER A POSITIVE CASH FLOW INVESTMENT OPPORTUNITY IN THE HEART OF ELMVALE! Welcome to 30 Queen Street West! This incredible property in the heart of Elmvale offers a unique investment opportunity, combining a high-end laundromat with four fully renovated apartments. The laundromat and rental income from the apartments offers the... Show More

DISCOVER A POSITIVE CASH FLOW INVESTMENT OPPORTUNITY IN THE HEART OF ELMVALE! Welcome to 30 Queen Street West! This incredible property in the heart of Elmvale offers a unique investment opportunity, combining a high-end laundromat with four fully renovated apartments. The laundromat and rental income from the apartments offers the potential for a stable and secure financial future. Located in the bustling downtown area of Elmvale, the property benefits from high visibility and foot traffic, attracting both locals and tourists. Elmvale is set to become the next crown jewel of Springwater Township, with major developments and investments underway, this prime location makes it an even more attractive investment. The laundromat is well-established with a loyal customer base and boasts a stellar 5-star rating on Google. It features state-of-the-art washers and dryers, including specialized horse blanket machines, catering to a wide range of clients. All equipment is fully owned, meaning no ongoing lease or payment obligations. The property showcases three fully renovated 2-bedroom, 1-bathroom apartments, each updated from top to bottom, along with a newly refreshed main-floor 2-bedroom, 2-bathroom unit that boasts a stunning, modern kitchen. Additionally, the building's mechanical systems, including plumbing, electrical, and heating, have been fully updated. Tenant parking is secured by a gated entrance with convenient fob access. Don't miss out on this exceptional opportunity to own a turnkey investment property in a rapidly developing area! (id:54626)

Property Details

Size

5,409 sq. ft.
across 2 floors
8 Beds
5 Baths
5 Full

Parking

8 Parking Spaces
-

Lot

Size
600′0″ * 2003′12″
Acres
-

Build

Year Built
1910
Model Name
-
Basement
-
Exterior
Brick, Metal
Foundation
-
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40662163
Last Updated
October 11, 2024
Brokerage
Re/Max Hallmark Peggy Hill Group Realty Brokerage
Powered by: REALTOR.ca
Call us 800-591-0566

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