Key Facts
- MLS® #: 40739624
- Property ID: SIRC2469603
- Property Type: Residential, Fourplex
- Living Space: 5,409 sq.ft.
- Year Built: 1910
- Bathrooms: 5
- Parking Spaces: 8
- Listed By:
- RE/MAX Hallmark Peggy Hill Group Realty Brokerage
Property Description
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!
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Location
30 Queen Street W, Elmvale, Ontario, L0L 1P0 Canada
Around this property
Information about the area within a 5-minute walk of this property.
- 19.28% 35 à 49 ans
- 18.45% 65 à 79 ans
- 17.32% 50 à 64 ans
- 15.83% 20 à 34 ans
- 6.79% 80 ans et plus
- 5.98% 15 à 19
- 5.75% 0 à 4 ans
- 5.55% 5 à 9
- 5.04% 10 à 14
- Les résidences dans le quartier sont:
- 61.8% Ménages unifamiliaux
- 35.58% Ménages d'une seule personne
- 2.42% Ménages de deux personnes ou plus
- 0.2% Ménages multifamiliaux
- 112 949 $ Revenu moyen des ménages
- 48 373 $ Revenu personnel moyen
- Les gens de ce quartier parlent :
- 95.51% Anglais
- 1.34% Français
- 0.73% Anglais et langue(s) non officielle(s)
- 0.68% Allemand
- 0.65% Néerlandais
- 0.53% Espagnol
- 0.41% Anglais et français
- 0.08% Polonais
- 0.08% Portugais
- 0% Pied-noir
- Le logement dans le quartier comprend :
- 71.61% Maison individuelle non attenante
- 25.28% Appartement, moins de 5 étages
- 2.73% Duplex
- 0.39% Maison jumelée
- 0% Maison en rangée
- 0% Appartement, 5 étages ou plus
- D’autres font la navette en :
- 7.82% Marche
- 1.13% Autre
- 0% Transport en commun
- 0% Vélo
- 30.3% Diplôme d'études secondaires
- 29.34% Certificat ou diplôme d'un collège ou cégep
- 18.23% Aucun diplôme d'études secondaires
- 10.24% Certificat ou diplôme d'apprenti ou d'une école de métiers
- 9.4% Baccalauréat
- 2.14% Certificat ou diplôme universitaire supérieur au baccalauréat
- 0.36% Certificat ou diplôme universitaire inférieur au baccalauréat
- L’indice de la qualité de l’air moyen dans la région est 2
- La région reçoit 309.01 mm de précipitations par année.
- La région connaît 7.4 jours de chaleur extrême (30.66 °C) par année.
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- Principal and Interest $9,033 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a