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30 QUEEN Street W
Elmvale Ontario L0L1P0 Canada

$1,999,900

Active Listing ID 40542335
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5,409
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Retail

$1,999,900

Active Listing ID 40542335
Save

30 QUEEN Street W 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:203)

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Property Features

  • Facts
  • Property Sub-type: Retail
  • Features
  • Exterior Finish: Brick, Metal
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 4/10/2024 3:00:30 PM GMT
Source Updated Date: 4/24/2024 5:30:12 AM GMT

Courtesy of: PeggyHill, Salesperson, Re/Max Hallmark Peggy Hill Group Realty Brokerage

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