<-- style PDP --> 30 Queen Street, Elmvale - Multi-4 Unit for sale for $1,850,000
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30 Queen Street

Elmvale, ON, L0L 1P0 - Elmvale

$1,850,000

  • Neighbourhood

    Elmvale

  • Major Intersection

  • Listed Since: 1 day(s)

  • Last update: today

Overview

  • Property Type

    Multi-4 Unit, Residential Income

  • Bedrooms

    n/a

  • Bathrooms

    5

  • Basement

    None

  • Kitchen

    n/a

  • Total Parking

    8

  • Lot Size

    Available Upon Request

  • Taxes

    $7,263.64 (2024)

  • Type

    Freehold

Property Description

Property description for 30 Queen Street, Elmvale

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!

Listed by RE/MAX Hallmark Peggy Hill Group Realty Brokerage

  • MLS #

    40778149

  • Sq. Ft

    5409

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    As per MPAC

  • Year Built

    1910

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    8

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Brick, Metal/Steel Siding

  • Fireplace

    n/a

  • Roof

    Flat, Tar/Gravel

  • Foundation

    Slab

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air, Natural Gas

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

  • MLS #

    40778149

  • Sq. Ft

    5409

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    As per MPAC

  • Year Built

    1910

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    8

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Brick, Metal/Steel Siding

  • Fireplace

    n/a

  • Roof

    Flat, Tar/Gravel

  • Foundation

    Slab

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air, Natural Gas

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 30 Queen Street, Elmvale

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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