$1,999,900

30 Queen St W

Elmvale, Springwater, Ontario, L0L 1P0

| | | sq.ft. | Year Built: 100+ |
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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 available.

Property Info
MLS®: S8378012
Listing Courtesy of RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Total Bedrooms 0
Total Bathrooms 0
Basement N
Floor Space 0 sq.ft.
Lot Size 8266 sq.ft.
Style other
Last Updated 2024-05-28
Property Type Commercial/Retail
Listed Price $1,999,900
Unit Pricing $1,999,900/sq.ft.
Strata Fee $0.00
Tax Estimate $5,047/Year
Year Built 100+
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