30 Queen Street W

30 Queen Street W
30 Queen Street W
30 Queen Street W
+11
8
 bed
5
 bath
8
 parking
5409 - 5409
 sqft
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$1,999,900
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Size
-
Lot size
767.84 sqm
Street frontage
N
Possession
-
Price per sqm
$3,976
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 property in downtown Elmvale offers a lucrative investment opportunity, featuring a thriving high-end laundromat & three 2-bed/1-bath apartments & one 2 bed/1.5-bath apartment. Substantial positive cash flow as one of the last remaining cash business opportunities. With a prime location, it ensures a constant flow of customers & desirable tenants. The laundromat has a loyal clientele, an outstanding reputation & fully-owned (no rentals) modern equipment, guaranteeing a positive return on investment. The apartments provide additional revenue streams with a brand-new 2-bed main floor unit with a magazine-worthy kitchen & some updates to the upper units. The plumbing & electrical have been completely updated for peace of mind. The property has a potential annual revenue of $132,000 at current market rates. Tenant parking is gated with fob access. Vacant possession is avail.
Broker: Re/Max Hallmark Peggy Hill Group Realty Brokerage
MLS®#: 40542325
Property details
Parking:
8
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
-
MLS Size:
503 sqm
Lot front:
14.94 M
Lot depth:
50.6 M
Listed on:
Feb 16, 2024
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1912 South Orr Lake Road Road
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$999,999
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Alex Moggy
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: 40542325
Listed by Re/Max Hallmark Peggy Hill Group Realty Brokerage

About 30 Queen Street W

30 Queen Street W is an Elmvale fourplex for sale. It was listed at $1999900 in February 2024 and has 8 beds and 5 bathrooms.

Some good places to grab a bite are Steelers Restaurant & Pub and Rumi’s Resto And Chocolate Bar. If you love coffee, you're not too far from Tim Hortons located at 720 River Rd West. For grabbing your groceries, Real Canadian Superstore is a 25-minute drive. There is a zoo,Elmvale Jungle Zoo, that is a 5-minute drive and is a great for a family outing.

Getting around the area will require a vehicle, as there are no nearby transit stops.

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