30 Queen Street
Elmvale, Springwater, L0L 1P0
FOR SALE
$1,850,000

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8
BEDROOMS5
BATHROOMS4
KITCHENS14
ROOMSS12775532
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Property Description
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!
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Property Features
Park, School, Water Heater Owned, Private Triple, None
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Property Details
Address
30 Queen Street
Community
City
Postal Code
L0L 1P0
Property Type
Semi-Detached , Semi-Detached
Zoning
CG
Lot Size
50' x 167'
Taxes
$5,367 (2025
Basement
None
Exterior
Controlled Entry, Security Gate
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
8
Garage Type
None
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Listing contracted with Re/Max Hallmark Peggy Hill Group Realty
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