Property Information:

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:27)

Building Features:

Style: Semi-Detached
Building Type: House
Basement Type: None
Construction Style - Attachment: Semi-detached
Exterior Finish: Brick, Steel
Fire Protection: Controlled entry
Floor Space: 5000 - 100000 sqft
Foundation Type:
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Stove, Washer, Window Coverings, Refrigerator

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 8
Bathrooms: 5
Half Bathrooms: 1
Amenities Nearby: Park, Schools
Floor Space (approx): 5000 - 100000 Square Feet
Irregular: Yes
Lot Depth: 167 Feet
Lot Frontage: 49.5 Feet
Lot Size: 49.5 x 167 FT
Structure Type: Shed
Zoning: CG
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 8

Rooms:

Bedroom 2nd Level 3.05 m x 3.43 m
Kitchen 2nd Level 3.00 m x 11.84 m
Bedroom 2nd Level 3.02 m x 2.90 m
Bedroom 2nd Level 2.57 m x 3.07 m
Kitchen 2nd Level 2.24 m x 2.57 m
Living 2nd Level 4.52 m x 3.35 m
Bedroom 2nd Level 2.74 m x 2.69 m
Bedroom 2nd Level 2.84 m x 3.25 m
Kitchen 2nd Level 3.86 m x 6.32 m
Bedroom 2nd Level 2.97 m x 3.35 m
Kitchen Main Level 5.05 m x 5.26 m
Living Main Level 5.64 m x 5.71 m
Bedroom Main Level 4.60 m x 3.73 m
Bedroom Main Level 5.46 m x 3.05 m

Convert Measurement to:

Courtesy of: RE/MAX HALLMARK PEGGY HILL GROUP REALTY

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Demographic Information of 30 QUEEN STREET W, Springwater, Ontario, L0L 1P0

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$112,949.45

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.23 %

High school certificate or equivalent

30.3 %

Apprenticeship trade certificate/diploma

10.24 %

College/non-university certificate

29.34 %

University certificate (below bachelor)

0.36 %

University Degree

11.54 %

Commuter

Travel To Work

By Car

91.05 %

By Public Transit

0.0 %

By Walking

7.82 %

By Bicycle

0.0 %

By Other Methods

1.13 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.28 %

Houses

74.72 %

30 QUEEN STREET W, Springwater, Ontario, L0L 1P0