30 Queen Street

30 Queen Street
30 Queen Street
30 Queen Street
+19
8
 bed
5
 bath
8
 parking
5409
 sqft
Multiplex
* This unit size is calculated from property.ca data
$1,850,000
Instant Estimate Not Available
For Sale
51 days
 on site
$1,850,000
Instant Estimate Not Available
* This unit size is calculated from property.ca data
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Size
5409 sqft
Lot size
8265 sqft
Street frontage
-
Possession
-
Price per sqft
$342
Taxes
$7,263.64 (2024)
Parking Type
-
Style
Other
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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®#: 40697948
Property details
Parking:
8
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
Other
MLS Size:
5409 sqft
Lot front:
49 Ft
Lot depth:
166 Ft
Listed on:
Feb 11, 2025
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Instant estimate:
Not Available

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About 30 Queen Street

Located at 30 Queen Street, this Elmvale multiplex is available for sale. 30 Queen Street has an asking price of $1850000, and has been on the market since February 2025. This 5409 sqft multiplex has 8 beds and 5 bathrooms.

Some good places to grab a bite are Steelers Restaurant & Pub, Life's A Slice or McDonald's. If you love coffee, you're not too far from Tim Hortons located at 68 Yonge St S. Groceries can be found at Foodland which is nearby and you'll find Clayton Chiropractic only steps away as well.

If you are looking for transit, don't fear, 30 Queen St W, Springwater has a public transit Bus Stop (Elmvale (SB)) a short distance away. It also has route Barrie - Midland-penetanguishene close by.

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