$2,790,000
Est. payment $12,354/moCalculate yours
58 Queen St Street W, Springwater, ON L0L 1P0
Elmvale, Springwater, ON L0L 1P0
- 10 Beds
- 9 Baths
- 5,000 Sq Ft
Listing courtesy of RE/MAX HALLMARK CHAY REALTY MLS® S12647072
About 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!
Property details
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Extension
- Approximate Age
- 51-99
- Size
- 5,000 sqft
Interior
- Bedrooms
- 10
- Bathrooms
- 9
- Kitchens
- 8
- Basement
- None
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Other
- Exterior
- Stucco (Plaster), Metal/Steel Siding
- Foundation
- Concrete
- Roof
- Membrane
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 65.58 x 166.47 Feet
- Parking
- None garage · 9 total
- Zoning
- CG
Financial
- Property Taxes
- $11,293 (2025)
Location
- Neighbourhood
- Elmvale
- Cross Street
- HWY 27 / QUEEN ST
- Direction Faces
- North
Listing
- MLS® Number
- S12647072
- Days on Market
- 300
- Listed On
- 2025-12-22
- Possession
- FLEXIBLE
- Listed By
- RE/MAX HALLMARK CHAY REALTY
Features
Interior
- Separate Hydro Meter
- Water Heater Owned
Property
- Library
- Park
- Public Transit
- Rec./Commun.Centre
- School
- Place Of Worship
Pool
- None
- Included
- 8 Fridges and 8 Stoves(AS IS), Coin operated washer and dryer, 2 Commercial Hot Water Heaters, 8 Ductless Heat/Air Systems
- Excluded
- All Tenants Belongings in Apartments. All Tenants belongings in Commercial space including all Fireplaces
- Rental items
- NONE
Mortgage calculator
Estimated mortgage payment
$12,354 per month
- Principal and interest
- $12,354
- Property tax
- $941
- Condo fees
- $0
- Estimated monthly cost
- $13,295
Your mortgage
- Mortgage amount
- $2,232,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,474,055
Cash to close
- Down payment
- $558,000
- Land transfer tax
- $56,225
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $614,225
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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