$2,790,000
58 Queen St Street W, Springwater, ON L0L 1P0
Elmvale
Listing courtesy of RE/MAX HALLMARK CHAY REALTY
Elmvale · L0L 1P0
$2,970,000
$344 / sq ft6 months on market
Turnkey mixed-use investment opportunity at 9 Queen St W, Elmvale, Springwater. The 8,634 SF property features 5 apartments and 5 commercial units in a comprehensively renovated building. Improvements include a full gut renovation, updated electrical, new plumbing, the addition of two apartments, paving, and exterior facade improvements. All five apartments and two commercial units have been left vacant to allow the purchaser to select their own tenant mix and have the opportunity to achieve market rents without waiting out a lease expiry or unpredictable residential turnover. Additionally, there's the ability for a buyer to occupy some of the space themselves, which would easily incorporate the option of self-management. The residential suites vary from 1-3 bedrooms and offer on-site parking, appealing to a wide tenant prospective pool of tenants. This asset provides immediate leasing flexibility and strong income potential from day one.
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An estimate on the asking price of $2,970,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of MAVEN COMMERCIAL REAL ESTATE. 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.
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$2,790,000
Elmvale
Listing courtesy of RE/MAX HALLMARK CHAY REALTY