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$1,850,000
Available - For Sale
Listing ID: S12775532
30 Queen Street West , Springwater, L0L 1P0, Simcoe


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!
Price $1,850,000
Taxes: $7263.64
Occupancy: Owner+T
Address: 30 Queen Street West , Springwater, L0L 1P0, Simcoe
Acreage: < .50
Directions/Cross Streets: Yonge St S/Queen St W
Rooms: 14
Bedrooms: 8
Bedrooms +: 0
Family Room: F
Basement: None
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 16.56 17.25
Room 2 Main Living Ro 18.5 18.73
Room 3 Main Bedroom 15.09 12.23
Room 4 Main Bedroom 17.91 10
Room 5 Second Kitchen 7.35 8.43
Room 6 Second Living Ro 14.83 10.99
Room 7 Second Bedroom 8.99 8.82
Room 8 Second Bedroom 9.32 10.66
Room 9 Second Kitchen 12.66 20.73 Combined w/Living
Room 10 Second Bedroom 9.74 10.99
Room 11 Second Bedroom 10 11.25
Room 12 Second Kitchen 9.84 38.84 Combined w/Living
Room 13 Second Bedroom 9.91 9.51
Room 14 Second Bedroom 8.43 10.07
Washroom Type No. of Pieces Level
Washroom Type 1 2 Main
Washroom Type 2 4 Main
Washroom Type 3 3 Second
Washroom Type 4 4 Second
Washroom Type 5 0
Washroom Type 6 2 Main
Washroom Type 7 4 Main
Washroom Type 8 3 Second
Washroom Type 9 4 Second
Washroom Type 10 0
Washroom Type 11 2 Main
Washroom Type 12 4 Main
Washroom Type 13 3 Second
Washroom Type 14 4 Second
Washroom Type 15 0
Total Area: 0.00
Approximatly Age: 100+
Property Type: Semi-Detached
Style: 2-Storey
Exterior: Brick, Metal/Steel Sidi
Garage Type: None
(Parking/)Drive: Private Tr
Drive Parking Spaces: 8
Park #1
Parking Type: Private Tr
Park #2
Parking Type: Private Tr
Pool: None
Other Structures: Shed
Approximatly Age: 100+
Approximatly Square Footage: 5000 +
Property Features: Park, School
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK PEGGY HILL GROUP REALTY
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At a Glance:
Type: Freehold - Semi-Detached
Area: Simcoe
Municipality: Springwater
Neighbourhood: Elmvale
Style: 2-Storey
Lot Size: x 166.98(Feet)
Approximate Age: 100+
Tax: $7,263.64
Maintenance Fee: $0
Beds: 8
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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