30 Queen Street W Active Save Request In-Person Tour Request Virtual Tour
Elmvale,ON L0L 1P0
Key Details
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 5,409 sqft
Price per Sqft $342
MLS Listing ID 40697948
Bedrooms 8
Abv Grd Liv Area 5,409
Originating Board Barrie
Year Built 1910
Annual Tax Amount $7,263
Property Sub-Type Multi-4 Unit
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!
Location
Province ON
County Simcoe County
Area Springwater
Zoning CG
Direction Yonge St S/Queen St W
Rooms
Other Rooms Shed(s)
Basement None
Kitchen 0
Interior
Interior Features Other
Heating Forced Air,Natural Gas
Cooling Central Air
Fireplace No
Appliance Dryer,Refrigerator,Stove,Washer
Laundry Coin Operated
Exterior
Exterior Feature Controlled Entry,Private Entrance
Roof Type Flat,Tar/Gravel
Street Surface Paved
Lot Frontage 49.5
Lot Depth 166.98
Garage No
Building
Lot Description Rectangular,City Lot,High Traffic Area,Park,Schools,Shopping Nearby
Faces Yonge St S/Queen St W
Story 2
Foundation Slab
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Brick,Metal/Steel Siding
New Construction No
Schools
Elementary Schools Huronia Centennial Es/Our Lady Of Lourdes Cs
High Schools Elmvale District Hs/St. Theresa'S Chs
Others
Senior Community false
Tax ID 583780200
Ownership Freehold/None