ON > Springwater
Springwater, ON L0L 1P0,30 Queen ST W
Springwater, ON L0L 1P0,30 Queen ST W
Springwater, ON L0L 1P0,30 Queen ST W
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$1,999,900
Est. payment /mo
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5,409 SqFt
Active

30 Queen ST W Springwater, ON L0L 1P0

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Fawad Nissari

Fawad Nissari

+1(416) 878-1085

UPDATED:

10/11/2024 07:56 PM

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,409 sqft

Price per Sqft $369

MLS Listing ID S9393513

Annual Tax Amount $5,046

Tax Year 2023

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

Community Elmvale

Area Simcoe

Region Elmvale

City Region Elmvale

Interior

Cooling Yes

Exterior

Garage Spaces 8.0

Utilities Available Yes

Lot Depth 166.98

Others

Security Features No

Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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