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$2,790,000Asking Price

58 Queen St Street W, Springwater, ON L0L 1P0

Elmvale, Springwater

Multiplex
10
Bedrooms
9
Baths
9
Parking
Day on Market

Excellent investment opportunity with over 10,000 Square Feet! Fully rented residential 8 plex with ground level 5400+ Square foot commercial retail warehouse space. Huge capital improvements done in the last 2 years. Including stucco/stone front facade, windows, doors, bathrooms, flooring, roofs, brand new asphalt parking lot, plumbing, exterior paint, storage units, covered porch entrance, new heat pumps in all upper apartments, new hot water heaters, new interior paint, and much more! Some units have newer kitchens and bathrooms. Rear truck level loading dock with elevator. Main floor tenant operates a reputable and successful Fireplace/HVAC business. All residential and commercial units fully occupied. Too many improvements to list. Turn key investment!

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Tour this home:

Excellent investment opportunity with over 10,000 Square Feet! Fully rented residential 8 plex with ground level 5400+ Square foot commercial retail warehouse space. Huge capital improvements done in the last 2 years. Including stucco/stone front facade, windows, doors, bathrooms, flooring, roofs, brand new asphalt parking lot, plumbing, exterior paint, storage units, covered porch entrance, new heat pumps in all upper apartments, new hot water heaters, new interior paint, and much more! Some units have newer kitchens and bathrooms. Rear truck level loading dock with elevator. Main floor tenant operates a reputable and successful Fireplace/HVAC business. All residential and commercial units fully occupied. Too many improvements to list. Turn key investment!

Key Info

  • 2-Storey Multiplex
  • 4+ Parking
  • No Garage
  • HWY 27 / QUEEN ST
  • 5000 + Approximate Sq Feet
  • 51-99 Years Approximate Age
  • No Ensuite Laundry
  • Baseboard Electric Heating
  • A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $11,293 in 2025
  • Possession: FLEXIBLE

Details

  • No Fireplace
  • 8 Kitchens
  •  
  • MLS #S12647072
  • RE/MAX HALLMARK CHAY REALTY

Extras

Room Floor Dimensions Details
Washroom8 4-Piece Bathrooms
Washroom1 2-Piece Bathroom on Main Floor

Who lives here?

Elmvale, Springwater is a north GTA neighbourhood notable for its singles, renters and tradespeople. Residents tend to be older with a significant number of adults aged 30 to 39 and 30 to 39 and seniors aged 65 to 74.

Families

Kids Per Family

1.0

kids per family
in the neighbourhood.

Springwater  (1.1)

Singles

42% of residents are
single and loving it.

42% singles

Springwater (35%)

Renters

28% of residents
are renters.

28% renters

Springwater (10%)

Education

15% of residents are
university grads.

15% university grads

Springwater (27%)

Income

Average Household Income

$92K

is the average household
income in the neighbourhood.

Springwater  ($152K)

Professions

Professions

Trades 13%
Sales 11%
Management 9%
Business 9%
Government 8%

Immigrants

7% of residents were
born outside of Canada.

7% immigrants

Springwater (8%)

Birthplace - All

UK was once home to 2.0% of immigrants.
Netherlands 1.5%
USA 0.7%
Ireland 0.6%
India 0.4%

2.0% from UK
All-time

Birthplace - Recent

UK was once home to 0.1% of immigrants.
Kenya 0.1%

0.1% from UK
Recent

Foreign Languages

Foreign Languages

French 2%
German 1%

Religions

Religions

Christian 75%