9 Queen ST W, Springwater, ON L0L 1P0
9 Queen ST W, Springwater, ON L0L 1P0
9 Queen ST W, Springwater, ON L0L 1P0
9 Queen ST W, Springwater, ON L0L 1P0
9 Queen ST W, Springwater, ON L0L 1P0
9 Queen ST W, Springwater, ON L0L 1P0
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Mike Taylor

Mike Taylor

+1(705) 985-1110
$ 2,970,000
Est. payment | /mo

9 Baths

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$ 2,970,000
Est. payment | /mo
Save Virtual Tour

9 Baths

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision Elmvale

MLS Listing ID S13047266

Annual Tax Amount $5,879

Tax Year 2025

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Simcoe

Area Simcoe

Zoning CG - General Commercial

Interior

Cooling Yes

Inclusions 11 hot water heaters, 1 washer, 1 dryer, 5 fridges, 4 rangehoods, 2 stoves.

Exterior

Utilities Available Yes

Lot Frontage 66.0

Lot Depth 165.0

Others

ParcelsYN No

Virtual Tour https://marketedge.realnex.com/ePublish.aspx?propid=173714-1

Listed by MAVEN COMMERCIAL REAL ESTATE

Nearby Locations

Mike Taylor

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

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9 Queen ST W

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