$1,850,000

Semi-Detached

30 Queen Street, Springwater, ON

15 DAYS
8
5
0
5,000
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Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY

Property Highlights

Parking

8 spaces

Property Tax

$5,367/yr

Age

100+ yrs

Lot Size

< .50 ac

Style

2-Storey

Basement

None

Monthly Cost

$8,259/mo

About This Home

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!

Monthly Cost

Monthly Mortgage$7,812
Property Tax ($5,367/yr)$447
Total$8,259

Price & Listing History

Schools

Location

Tap to view full map

Rooms

Main Level

Kitchen: 5.05m × 5.26m
Living Room: 5.64m × 5.71m
Bedroom: 4.60m × 3.73m
Bedroom: 5.46m × 3.05m

Second Level

Living Room: 4.52m × 3.35m
Bedroom: 2.97m × 3.35m
Bedroom: 2.57m × 3.07m
Kitchen: 3.00m × 11.84m
Bedroom: 3.02m × 2.90m
Kitchen: 2.24m × 2.57m
Bedroom: 2.84m × 3.25m
Kitchen: 3.86m × 6.32m
Bedroom: 2.74m × 2.69m
Bedroom: 3.05m × 3.43m

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage