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For saleMLS® S13047266

9 Queen Street W, Springwater, ON L0L 1P0

Elmvale · L0L 1P0

$2,970,000

$344 / sq ft

6 months on market

Bathrooms
9
Total area
8,634 sf
Lot
66 × 165 ft

What's special

  • Outside/surface garage
  • Yes

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About this property

Turnkey mixed-use investment opportunity at 9 Queen St W, Elmvale, Springwater. The 8634 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.

Property details

Property

Property type
investment
Bathrooms
9
Interior size
8,634 sq ft
Lot size
66 × 165 ft
Zoning
CG - General Commercial
Possession
Immediate

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Outside/Surface
Sewer
Sanitary+Storm

Costs

List price
$2,970,000
Property taxes
$5,879 / year (2025)
Price per sq ft
$344

Listing

MLS® number
S13047266
Status
For sale
Listed
April 27, 2026
Days on market
192
Last updated
September 15, 2026
Listing brokerage
MAVEN COMMERCIAL REAL ESTATE

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 $594,000
$594,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$13,137.31
Property tax (est.)
$489.92
Estimated monthly
$13,627

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
$60,725
Total due on closing
$60,725

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.

$2,970,000

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