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1 / 22• 19 locked
30 Queen Street W
Springwater, ON L0L 1P0
Price
$1,850,000
Building Size
5,409 sq ft
MLS# S12775512 | Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Commercial Specifications
Parking
8 spaces
Property Description
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!
Price & Status History
Price history is locked
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Guided by Vick Yogeswaran • REALTOR®
RE/MAX Realtron Realty Inc., Brokerage
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Listing Courtesy of: RE/MAX HALLMARK PEGGY HILL GROUP REALTY
This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.
Data Accuracy: While every effort has been made to ensure the accuracy of the information, HouseIndex.ca makes no warranties or representations as to the accuracy, completeness, or reliability of this data. All information should be independently verified. Last updated data may not reflect the most current MLS® listings.