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220 Queen Road

220 Queen Road

Springwater, ON

6 bath • 4 sqft • Industrial • 143 days on market

$3,200,000

220 Queen Street West - Exceptional Live/Work Investment OpportunityWelcome to an outstanding mixed-use residential and industrial investment property in the heart of Springwater's growing commercial corridor. Situated on a generous parcel with excellent accessibility, this rare offering combines stable residential income with high-yield industrial revenue potential-ideal for investors, owner-operators, or portfolio expansion.The property features a spacious ~3,500 sq ft detached residence complete with a triple-car garage and a private tennis court, delivering both lifestyle appeal and consistent rental income of $2,500/month. The home provides flexibility for owner occupancy, staff housing, or long-term tenancy.At the rear of the property are two industrial shops, each complemented by expansive yard space and outdoor storage capability. These buildings are well-suited for a variety of uses including contractor operations, trucking, equipment storage, or service-based businesses. Each shop offers strong income potential of approximately $7,000/month, creating a powerful revenue stream.The site is further enhanced by major power availability, supporting heavy-duty operations and future scalability for industrial users. Zoning permits a wide range of commercial and industrial applications, making this a highly versatile asset. Existing improvements already provide over 10,000 sq ft of combined commercial space - Investment Highlights:Multiple income streams with strong upside potential. Estimated total rental income: ~$16,500/month ($198,000 annually)Large lot with usable yard space for outdoor storage. High-demand industrial use area with excellent accessLive/work flexibility with residential + commercial integration. This is a turnkey income-producing property offering both immediate cash flow and long-term appreciation in a rapidly developing market.

Listing Details

Taxes (2026)
$5,227
Listed
April 6, 2026

Price History

Listing history

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Property

Age
51-99
Lot Size
346.42 x 631.24 Feet

Utilities

Sewer
Septic

Location & Legal

Cross Street
Queen Street and Yonge Street
Zoning
Commercial Residential Industrial
Parcel Number
583780327
Possession
Flexible

Commercial

Business Type
Factory/Manufacturing
Occupancy
Tenant
Office / Apartment Area
4000 Sq Ft

Included

Inclusions
2 stoves, 2 fridges, 2 dishwashers
Exclusions
Tenants belongings
Rental Items
Hot water tank at house

Community

Postal area L0L

Population
42,022
Private dwellings
19,252
Median age
46.8
Average household size
2.7
Median household income
$106,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Springwater · last 12 months

Median sold price
$875,000
Homes sold
290
Median days on market
30
Sale-to-list price
96.2%

Based on 290 recorded sales of commercial properties in Springwater over the last 12 months.

Listed by

RE/MAX REALTY SPECIALISTS INC.

Commercial figures

Annual property tax
$5,227

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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