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30 Queen Street W Springwater (Elmvale), Ontario L0L 1P0

5409 sqft

Fully Air Conditioned Forced Air

$1,999,900

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:43988)

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Property Details

MLS® Number	S9393513
Property Type	Retail
Community Name	Elmvale
Farm Type	Other
Parking Space Total	8

Building

Appliances	Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	5409 Sqft
Utility Water	Municipal Water

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	166 Ft ,11 In
Size Frontage	49 Ft ,6 In
Size Irregular	49.5 X 166.98 Ft
Size Total Text	49.5 X 166.98 Ft
Zoning Description	Cg

Aerial

https://www.realtor.ca/real-estate/27533951/30-queen-street-w-springwater-elmvale-elmvale

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Last Updated
October 11 2024 08:33:43

Data Provider
Toronto Real Estate Board

Listing Office
RE/MAX Hallmark Peggy Hill Group Realty

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Domenic Gagliardi

Domenic is a very important part of The Johnston Team and is proud to offer a high level of service to each & every client. Domenic works hard to make every client “Feel as if they are apart of the family” and consistently goes above and beyond for his clients. With over 20 years of real estate investing experience, Domenic has extensive knowledge of the real estate market. Domenic Gagliardi has been an independent investor and property manager for over 20 years. At the age of 19, Domenic purchased his first rental property while still living at home with family. This decision was based upon an amazing opportunity to become a young Investor to ultimately secure a better future down the road. He uses his experience & knowledge to assist his clients whether they are buying their dream home or an investment property. His love for people & hard work shows in his commitment to each & every client.

Matthew Johnston

Matthew has learned from the best! With over 20 years of experience, Matthew has become a vital part in the success of The Johnston Team. He now holds his Broker’s license and has a passionate commitment to ongoing education of market trends and up-to-date market information. Matthew utilizes the advanced technology and marketing tools at Royal Lepage First Contact Realty and has catapulted the Johnston Team to the next level with interactive communication for both the client and the consumer. Matthew has extensive experience with condos in Barrie, with over 100 condo transactions in the last 2 years. He has sold and rented the most condos at Manhattan & Greenwich village condos in Barrie and works hard to get the results his clients want. Additionally, Matthew is experienced in real estate investing in Barrie and purchased his first investment property at the age of 18 years old – A four bedroom townhome 2 mins from Georgian College for $87,500 (Keep in mind this was 1996). Last year alone, Matthew helped his clients purchase 28 investment homes within the City of Barrie. Matthew prides himself of being able to assist clients with all their real estate needs!

Robert Johnston

Robert started his career at A.E.Lepage in Toronto, back in the 70’s and has continued his life work in Real Estate. He has achieved Royal Lepage’s highest honours, the Life Time Achievement award and the prestigious Lifetime Chairman’s Club award. The Johnston Team are pleased to be an important part of Royal LePage First Contact Realty, a well-established and respected company in Barrie that strives to always be on the cutting edge of new and innovative marketing techniques, employing only the latest in technological advances. Robert was born and raised in Barrie and is a past member of the planning board of the City and is also an active member of The Rotary Club of Barrie for more than 25 years. Robert and Karen’s connectedness in the City shows their commitment to community involvement.