BREB & TREB (NEW): 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!
Address
30 Queen Street W
List Price
$1,850,000
MLS® Status
New
Expiration Date
2026-06-10
Property Type
Residential Freehold
Type of Dwelling
Semi-Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Springwater
Sub-Area
Elmvale
Region
Simcoe
Bedrooms
8
Bedrooms (Total)
8
Rooms Above Grade
14
Bathrooms
5
Floor Area
5000 + Sq. Ft.
Lot Size Source
MPAC
Lot Depth
166.98
Lot Shape
Rectangular
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
49.5
Parcel Number
583780200
Occupant Type
Owner+Tenant
Cross Street
Yonge St S/Queen St W
Approx. Age
100+ Years
MLS® Number
S12775532
Listing Brokerage
RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Basement Area
None
Postal Code
L0L 1P0
Posession Details
90+ Days
Parking
Private Triple
Parking Places (Total)
8
Parking Spaces
8
Tax Amount
$5,367.24
Tax Year
2025
Site Influences
Controlled Entry, Park, School, Security Gate
Exterior Features
Controlled Entry, Security Gate
Interior Features
Water Heater Owned
Property Features
Park, School
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick, Metal/Steel Siding
Direction Faces
North
Fireplace
No
Foundation Details
Slab
Garage
No
Garage Type
None
Kitchens Total
4
Kitchens Above Grade
4
Other Structures
Shed
Pool Features
None
Roof
Flat, Tar and Gravel
Tax Legal Description
LT 5 N/S OF QUEEN ST PL 397 FLOS; SPRINGWATER
Security Features
None
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Kitchen | 5.05 x 5.26 | |
| Main | Living Room | 5.64 x 5.71 | |
| Main | Bedroom | 4.6 x 3.73 | |
| Main | Bedroom | 5.46 x 3.05 | |
| Second | Kitchen | 2.24 x 2.57 | |
| Second | Living Room | 4.52 x 3.35 | |
| Second | Bedroom | 2.74 x 2.69 | |
| Second | Bedroom | 2.84 x 3.25 | |
| Second | Kitchen | 3.86 x 6.32 | Combined w/Living |
| Second | Bedroom | 2.97 x 3.35 | |
| Second | Bedroom | 3.05 x 3.43 | |
| Second | Kitchen | 3 x 11.84 | Combined w/Living |
| Second | Bedroom | 3.02 x 2.9 | |
| Second | Bedroom | 2.57 x 3.07 |