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30 Queen St W

Queen St W, Elmvale, Springwater, ON, L0L 1P0

8
Beds
5
Baths
5,409
Sq. Ft.
$1,999,900
List Price
Details
Photos
14
Comparables
History
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
21 days on market

Quick Summary

  • Lucrative investment opportunity with thriving laundromat
  • Positive cash flow from 4 well-maintained apartments
  • Prime downtown location ensures constant customer flow
  • Fully-owned modern laundromat equipment for high returns
  • Newly renovated 2-bed main floor apartment with premium kitchen
  • Plumbing and electrical systems completely updated
  • Potential annual revenue of $132,000 at current market rates
  • Gated tenant parking with fob access

DISCOVER A POSITIVE CASH FLOW INVESTMENT OPPORTUNITY IN THE HEART OF ELMVALE! Welcome to 30 Queen Street West. This property in downtown Elmvale offers a lucrative investment opportunity, featuring a thriving high-end laundromat & three 2-bed/1-bath apartments & one 2 bed/1.5-bath apartment. Substantial positive cash flow as one of the... Show More

DISCOVER A POSITIVE CASH FLOW INVESTMENT OPPORTUNITY IN THE HEART OF ELMVALE! Welcome to 30 Queen Street West. This property in downtown Elmvale offers a lucrative investment opportunity, featuring a thriving high-end laundromat & three 2-bed/1-bath apartments & one 2 bed/1.5-bath apartment. Substantial positive cash flow as one of the last remaining cash business opportunities. With a prime location, it ensures a constant flow of customers & desirable tenants. The laundromat has a loyal clientele, an outstanding reputation & fully-owned (no rentals) modern equipment, guaranteeing a positive return on investment. The apartments provide additional revenue streams with a brand-new 2-bed main floor unit with a magazine-worthy kitchen & some updates to the upper units. The plumbing & electrical have been completely updated for peace of mind. The property has a potential annual revenue of $132,000 at current market rates. Tenant parking is gated with fob access. Vacant possession is avail. (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
40594977
Last Updated
May 31, 2024
Brokerage
Re/Max Hallmark Peggy Hill Group Realty Brokerage
Powered by: REALTOR.ca
Call us 800-591-0566

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