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30 Queen Street W Springwater (Elmvale), Ontario L0L 1P0

8 Bedroom 5 Bathroom 5000 - 100000 sqft
Central Air Conditioning Forced Air

$1,850,000

BREB & TREB (NEW): 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! (id:63244)

Property Details

MLS® Number S12775532
Property Type Single Family
Community Name Elmvale
Amenities Near By Park, Schools
Parking Space Total 8
Structure Shed

Building

Bathroom Total 5
Bedrooms Above Ground 8
Bedrooms Total 8
Age 100+ Years
Appliances Water Heater, Dishwasher, Dryer, Stove, Washer, Window Coverings, Refrigerator
Basement Type None
Construction Style Attachment Semi-detached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Steel
Fire Protection Controlled Entry
Foundation Type Slab
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 5000 - 100000 Sqft
Type House
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Park, Schools
Sewer Sanitary Sewer
Size Depth 167 Ft
Size Frontage 49 Ft ,6 In
Size Irregular 49.5 X 167 Ft
Size Total Text 49.5 X 167 Ft|under 1/2 Acre
Zoning Description Cg

Rooms

Level Type Dimensions
Second Level Bedroom 3.05 m x 3.43 m
Second Level Kitchen 3 m x 11.84 m
Second Level Bedroom 3.02 m x 2.9 m
Second Level Bedroom 2.57 m x 3.07 m
Second Level Kitchen 2.24 m x 2.57 m
Second Level Living Room 4.52 m x 3.35 m
Second Level Bedroom 2.74 m x 2.69 m
Second Level Bedroom 2.84 m x 3.25 m
Second Level Kitchen 3.86 m x 6.32 m
Second Level Bedroom 2.97 m x 3.35 m
Main Level Kitchen 5.05 m x 5.26 m
Main Level Living Room 5.64 m x 5.71 m
Main Level Bedroom 4.6 m x 3.73 m
Main Level Bedroom 5.46 m x 3.05 m

https://www.realtor.ca/real-estate/29344677/30-queen-street-w-springwater-elmvale-elmvale

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