Welcome to this remarkable [] investment located in the coveted neighborhood of Elmvale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,970,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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Data-driven valuation for 9 Queen Street W, Springwater, ON L0L 1P0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.