30 Queen St, Elmvale, Ontario L0L 1P0
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$1,164,000*
Price/Sqft$369/sqft
Days On Market76 days
Est. Mortgage$8,589/mth
Tax Amount (2023)$5,047/yr
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
Interior
Features
Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 8
Property History
![history photo preview](https://cdn.wahi.com/listings/images/itso/IMG-40594971_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/itso/IMG-40594977_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/itso/IMG-40542335_1-256.webp)
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