ON > Elmvale > Sp73 - Elmvale
Elmvale, ON L0L1P0,30 QUEEN Street W
Elmvale, ON L0L1P0,30 QUEEN Street W
Elmvale, ON L0L1P0,30 QUEEN Street W
Elmvale, ON L0L1P0,30 QUEEN Street W
Elmvale, ON L0L1P0,30 QUEEN Street W
Elmvale, ON L0L1P0,30 QUEEN Street W
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Roshan Basnet

Roshan Basnet

+1(647) 818-7373
$ 1,850,000
Est. payment | /mo

8 Beds

5 Baths

5,409 SqFt

Save
$ 1,850,000
Est. payment | /mo
Save

8 Beds

5 Baths

5,409 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 5,409 sqft

Price per Sqft $342

Subdivision Sp73 - Elmvale

MLS® Listing ID 40778149

Bedrooms 8

Year Built 1910

Property Sub-Type Freehold

Source Barrie & District Association of REALTORS® Inc.

Property 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! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features No

Community Features High Traffic Area

View Y/N No

Total Parking Spaces 8

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by RE/MAX Hallmark Peggy Hill Group Realty Brokerage
Roshan Basnet

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 818-7373

realtorbasnet@gmail.com

4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada

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30 QUEEN Street W