ON > Simcoe > Elmvale
Simcoe, ON L0L 1P0,30 Queen ST W
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Simcoe, ON L0L 1P0,30 Queen ST W
Simcoe, ON L0L 1P0,30 Queen ST W
Simcoe, ON L0L 1P0,30 Queen ST W
Simcoe, ON L0L 1P0,30 Queen ST W
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,850,000
Est. payment /mo
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Active

30 Queen ST W Simcoe, ON L0L 1P0

5,409 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,409 sqft

Price per Sqft $342

Subdivision Elmvale

MLS Listing ID S12455979

Annual Tax Amount $7,263

Tax Year 2024

Property Sub-Type Commercial Retail

Lot Depth 166.98

Lot Front 49.5

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!

Location

Province ON

County Simcoe

Community Elmvale

Area Simcoe

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 49.5

Lot Depth 166.98

Building

Building Age 100+

Others

Security Features No

ParcelsYN No

Listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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30 Queen ST W

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