30 Queen St W

Springwater | Elmvale | L0L 1P0
  • 5409.0 sqft
  • 0 gar

$1,850,000

Est. Mtg $6,273 /mo
  • Days on market

    53

  • Status

    A

Listing Broker RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Since listed: 1 views

Home details

MLS #:

S11967374

Property type:
Commercial/Retail
Style:
Taxes:
$7,264
Possession:
90+ Days
Condo Fee:
Lot Size:
49.5 X 166.98
Zoning:
CG
Use:
Other
Heat:
Gas Forced Air Closd

Description


30 Queen St W, , Springwater, Ontario is a Commercial/Retail property in Springwater and in the Elmvale community in the L0L 1P0 postal code


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!.

Extras

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Payment calculator

$6878 monthly. In association with: TD Bank
%
  • Principal and Interest
    6273 /mo
  • Property Taxes
    $605 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Luis Serrano, Realtor

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