Homes for sale - 30 Queen Street W, Elmvale, ON L0L 1P0

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Josee Savard

josee@savardrealty.com +1(249) 877-4045

$1,999,900

Est. payment - /mo

8 Beds

5,409 SqFt

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UPDATED:

10/12/2024 08:42 PM

Key Details

Property Type Commercial

Sub Type Retail,Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,409 sqft

Price per Sqft $369

MLS Listing ID 40662148

Bedrooms 8

Abv Grd Liv Area 5,409

Originating Board Barrie

Year Built 1910

Annual Tax Amount $5,046

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

Basement None

Kitchen 0

Interior

Interior Features High Speed Internet

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Exterior

Utilities Available Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Street Lights, Phone Connected

Waterfront No

Street Surface Paved

Lot Frontage 49.5

Lot Depth 166.98

Garage No

Building

Lot Description Rectangular, City Lot, High Traffic Area, Schools

Faces Yonge St S/Queen St W

Story 2

Foundation Slab

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Metal/Steel Siding

New Construction No

Others

Senior Community false

Tax ID 583780200

Ownership Freehold/None

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Listed by Re/Max Hallmark Peggy Hill Group Realty Brokerage

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Josee Savard

+1(249) 877-4045

30 Queen Street W Elmvale, ON L0L 1P0

Josee Savard

Josee Savard

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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30 Queen Street W