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$2,970,000 Sale
Listed 169 days ago
9 Queen Street W
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Listing History
Buy/Sell/Terminated/Expired listing history for 9 Queen Street W
Key Facts
Key facts for 9 Queen Street W
Property Type
Commercial
Parking
Outside/Surface
MLS #
S13047266
Size
-
Basement
-
Listed on
2026-04-23
Lot size
66 x 165.0
Tax
$5,879 /yr
Days on Market
173
Approximate Age
-
Maintenance Fee
-
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, pav...ing, 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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Courtesy of: MAVEN COMMERCIAL REAL ESTATE