30 Queen Street W, Elmvale
30 Queen Street W, Elmvale
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14 Photos
- Bedrooms: 8
- Bathrooms: 5
- Living area: 5409 sqft
- MLS®: 40542335
- Type: Commercial
- Added: 79 days ago
Property Details
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 avail. (id:1945)
Property Information
- Sewer: Municipal sewage system
- Stories: 2
- Basement: None
- Utilities: Natural Gas, Electricity, Telephone
- Year Built: 1910
- Directions: Yonge St S/Queen St W
- Living Area: 5409
- Lot Features: Southern exposure
- Photos Count: 14
- Water Source: Municipal water
- Parking Total: 8
- Common Interest: Freehold
- Street Dir Suffix: West
- Subdivision Name: SP73 - Elmvale
- Tax Annual Amount: 5046.99
- Exterior Features: Brick, Metal
- Building Area Total: 5409
- Community Features: High Traffic Area
- Zoning Description: CG
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