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

$1,850,000

MLS® # S12775532

House For Sale In Springwater, Ontario

$1,850,000

  • 8

    Bedrooms

  • 5

    Baths

  • 49.5 x 167 FT

    Lot Size

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

Courtesy of: RE/MAX HALLMARK PEGGY HILL GROUP REALTY

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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