Milad Akrami
Sales Representative
Soltanian Real Estate, Brokerage
Independently owned and operated.
175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9
Cell: 647-678-7799Office: 647-678-7799
$1,999,900
Available - For Sale
Listing ID: S8378012
30 Queen St West , Springwater, L0L 1P0, Ontario
| 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. |
| Price | $1,999,900 |
| Taxes: | $5046.99 |
| Tax Type: | Annual |
| Occupancy by: | Own+Ten |
| Address: | 30 Queen St West , Springwater, L0L 1P0, Ontario |
| Postal Code: | L0L 1P0 |
| Province/State: | Ontario |
| Legal Description: | LT 5 N/S OF QUEEN ST PL 397 FLOS; SPRING |
| Lot Size: | 49.50 x 166.98 (Feet) |
| Directions/Cross Streets: | Yonge St S/Queen St W |
| Category: | Retail |
| Use: | Other |
| Building Percentage: | Y |
| Total Area: | 5409.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 3596 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 1813 |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 100+ |
| Sprinklers: | N |
| Outside Storage: | N |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Sewers: | Sanitary |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK PEGGY HILL GROUP REALTY |
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Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Simcoe |
| Municipality: | Springwater |
| Neighbourhood: | Elmvale |
| Lot Size: | 49.50 x 166.98(Feet) |
| Approximate Age: | 100+ |
| Tax: | $5,046.99 |
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