9 Queen Street
Springwater, ON
- 9 bath
- 8,634 sqft
- Investment
- 131 days on market
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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $5,879
- Listed
- April 23, 2026
Price History
Listing history
Sign in to view
Property
- Lot Size
- 66 x 165 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Yonge St N, Queen St W
- Zoning
- CG - General Commercial
- Parcel Number
- 583790082
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 6 To 12 Units
Included
- Inclusions
- 11 hot water heaters, 1 washer, 1 dryer, 5 fridges, 4 rangehoods, 2 stoves.
- Exclusions
- Tenant's belongings.
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
- $880,000
- Homes sold
- 288
- Median days on market
- 30
- Sale-to-list price
- 96.2%
Based on 288 recorded sales of commercial properties in Springwater over the last 12 months.
Listed by
MAVEN COMMERCIAL REAL ESTATE
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 8,634 sq ft
- Price per sq ft
- $343.99
- Annual property tax
- $5,879
- Tax per sq ft
- $0.68
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?