30 QUEEN Street W, Elmvale, Ontario
$1,999,900
- 8 Beds
- 5 Baths
- 5,409 Square Feet
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! (id:56241)
- Listing ID: 40662163
- Property Type: Multi-family
- Year Built: 1910
Schedule a Tour
Schedule Private Tour
Mary Law would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Mary Law, who specializes in Elmvale real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Mary Law find a property to match your lifestyle.
Listing provided by Re/Max Hallmark Peggy Hill Group Realty Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 30 QUEEN Street W in Elmvale Ontario. It was last modified on October 11th, 2024. Contact Mary Law to schedule a viewing or to discover other Elmvale real estate for sale.