30 Queen ST W, Springwater, ON L0L 1P0
30 Queen ST W, Springwater, ON L0L 1P0
30 Queen ST W, Springwater, ON L0L 1P0
30 Queen ST W, Springwater, ON L0L 1P0
30 Queen ST W, Springwater, ON L0L 1P0
30 Queen ST W, Springwater, ON L0L 1P0
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RALPH RICHARDSON

RALPH RICHARDSON

+1(416) 523-6447
$ 1,850,000
Est. payment | /mo

8 Beds

5 Baths

Save
$ 1,850,000
Est. payment | /mo
Save

8 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Elmvale

MLS Listing ID S12775532

Style 2-Storey

Bedrooms 8

Annual Tax Amount $5,367

Tax Year 2025

Property Sub-Type Semi-Detached

Lot Depth 166.98

Lot Front 49.5

Appx SqFt 5000 +

Property Description

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!

Location

Province ON

County Simcoe

Area Simcoe

Rooms

Family Room No

Basement None

Kitchen 4

Interior

Interior Features Water Heater Owned

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Controlled Entry, Security Gate

Parking Features Private Triple

Pool None

Roof Type Flat,Tar and Gravel

Lot Frontage 49.5

Lot Depth 166.98

Total Parking Spaces 8

Building

Building Age 100+

Unit Features Park,School

Foundation Slab

Others

Security Features None

ParcelsYN No

Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY

NEARBY SCHOOL & BUSINESS

RALPH RICHARDSON

+1(416) 523-6447

ralph@ralphrichardson.ca

119 Merton Street, Toronto

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