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For saleMLS® S12647072

58 Queen St Street W, Springwater, ON L0L 1P0

Elmvale · L0L 1P0

$2,790,000

$558 / sq ft

10 months on market

Bedrooms
10
Bathrooms
9
Interior
5,000 sf
Parking
9
Lot
65.58 × 166.47 ft
Age
51-99 years

What's special

  • 9 parking spaces
  • Separate hydro meter
  • Water heater owned

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About this property

Excellent investment opportunity with over 10,000 Square Feet! Fully rented residential 8 plex with ground level 5400+ Square foot commercial retail warehouse space. Huge capital improvements done in the last 2 years. Including stucco/stone front facade, windows, doors, bathrooms, flooring, roofs, brand new asphalt parking lot, plumbing, exterior paint, storage units, covered porch entrance, new heat pumps in all upper apartments, new hot water heaters, new interior paint, and much more! Some units have newer kitchens and bathrooms. Rear truck level loading dock with elevator. Main floor tenant operates a reputable and successful Fireplace/HVAC business. All residential and commercial units fully occupied. Too many improvements to list. Turn key investment!

Features

  • Separate Hydro Meter
  • Water Heater Owned

Property details

Property

Property type
multiplex
Bedrooms
10
Bathrooms
9
Interior size
5,000 sq ft
Year built
51-99
Lot size
65.58 × 166.47 ft
Zoning
CG
Possession
FLEXIBLE

Interior

Heating
Baseboard · Electric
Cooling
Other
Exposure
North

Exterior & services

Construction
Stucco (Plaster), Metal/Steel Siding
Parking spaces
9
Sewer
Sewer

Costs

List price
$2,790,000
Property taxes
$11,293 / year (2025)
Price per sq ft
$558
Rental items
NONE

Listing

MLS® number
S12647072
Status
For sale
Listed
December 22, 2025
Days on market
317
Last updated
August 27, 2026
Listing brokerage
RE/MAX HALLMARK CHAY REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

Mortgage estimate

Down payment20.0% · minimum $558,000
$558,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$12,341.11
Property tax (est.)
$941.08
Estimated monthly
$13,282

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$56,225
Total due on closing
$56,225

An estimate on the asking price of $2,790,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX HALLMARK CHAY REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,790,000

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