30 Queen Street W, Springwater Elmvale
- Living area: 5409 square feet
- Type: Commercial
- Added: 114 days ago
- Updated: 15 days ago
- Last Checked: 2 hours ago
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. (id:1945)
Property Details
- Cooling: Fully air conditioned
- Heating: Forced air, Natural gas
Interior Features
- Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
- Living Area: 5409
Exterior & Lot Features
- Water Source: Municipal water
- Parking Total: 8
- Lot Size Dimensions: 49.5 x 166.98 FT
Location & Community
- Directions: Yonge St S/Queen St W
- Street Dir Suffix: West
Utilities & Systems
- Sewer: Sanitary sewer
Tax & Legal Information
- Tax Annual Amount: 5046.99
- Zoning Description: CG
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