$1,999,900
( $369.74Per Sq Foot )
 $10,736 est/mo Sourced by Back At You

30 Queen Street W , Elmvale, ON L0L 1P0

Elmvale, ON L0L 1P0

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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.

Details

MLS#40594971
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1910
Days On Site57
Listing Provided ByRe/Max Hallmark Peggy Hill Group Realty Brokerage | Peggy Hill

Features

Bed(s)8
SQ Feet5,409
Story(s)2
Units5
ZoningCG
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 4 minutes ago
ProvinceON
CountySimcoe County
CityElmvale
Postal CodeL0L 1P0
AreaSpringwater
SubareaSP73 Elmvale
Community NameSP73 Elmvale
Listing VS Median (in SP73 Elmvale)
Price:
$1,999,900
low | high
Med:
$870,000
100% of Average
SqFt:
5,409
low | high
Med:
1,727
100% of Average
$ / SqFt:
$370
low | high
Med:
$504
13.750280739283% of Average
On Site:
57
low | high
Med:
62.000000
91.935483870968% of Average
Sourced by Back At You
Listing Updated: May 28, 2024 at 8:34:54 AM PDT