30 Queen Street W

30 Queen Street W
30 Queen Street W
30 Queen Street W
+20
8
 bed
5
 bath
8
 parking
5409 - 5409
 sqft
Fourplex
$1,999,900
Instant Estimate Not Available
For Sale
153 days
 on site
$1,999,900
Instant Estimate Not Available
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Size
-
Lot size
8265 sqft
Street frontage
N
Possession
-
Price per sqft
$370
Taxes
$5,046.99 (2023)
Parking Type
-
Style
-
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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!
Broker: Re/Max Hallmark Peggy Hill Group Realty Brokerage
MLS®#: 40662163
Property details
Parking:
8
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
-
MLS Size:
5409 sqft
Lot front:
49 Ft
Lot depth:
166 Ft
Listed on:
Oct 11, 2024
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Instant estimate:
Not Available

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About 30 Queen Street W

Located at 30 Queen Street W, this Elmvale fourplex is available for sale. It was listed at $1999900 in October 2024 and has 8 beds and 5 bathrooms.

30 Queen St W, Springwater is a 6-minute walk from Tim Hortons for that morning caffeine fix and if you're not in the mood to cook, Steelers Restaurant & Pub, Life's A Slice and McDonald's are near this fourplex. Groceries can be found at Foodland which is nearby and you'll find Clayton Chiropractic only steps away as well.

Transit riders take note, 30 Queen St W, Springwater is a short walk to the closest public transit Bus Stop (Elmvale (SB)) with route Barrie - Midland-penetanguishene.

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