Outside view for 30 Queen St, Elmvale Ontario L0L 1P0
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Laundry room for 30 Queen St, Elmvale Ontario L0L 1P0
76 Days on Market

30 Queen St, Elmvale, Ontario L0L 1P0

$1,999,900
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Townhouse
-
5
~5409 sqft

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Highlights

Estimated Value$1,164,000*

Price/Sqft$369/sqft

Days On Market76 days

Est. Mortgage$8,589/mth

Tax Amount (2023)$5,047/yr

*Last updated on: 24/08/12

Description

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 avail.


Property Details

StyleResidential Income
View-
Age of property1910
SqFt~5409 SqFt
Lot Size8,265 SqFt(166.98 x 49.5)
Parking Spaces8
MLS ®Number40594977
Community NameSpringwater
Data SourceITSO

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air

Features

Lot size: 8,265 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property History

Now
ListedFor Salefor$1,999,900Active
76 days on market
Listing by itso®
history photo preview14
Now
ListedFor Salefor$1,999,900Active
76 days on market
Listing by itso®
history photo preview14
May 28, 2024
ListedFor Salefor$1,999,900Terminated
Stayed 102 days on market
Listing by itso®
history photo preview14
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Property listed by Re/Max Hallmark Peggy Hill Group Realty Brokerage, Brokerage
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