Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# S13047266

9 Queen Street W, Springwater, ON L0L 1P0

Springwater, ON L0L 1P0

$2,970,000 Est. $12,614/mo · 20% down, 25-yr, 4.09%
9Baths
66 × 165 ftLot
InvestmentType

About this property

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.

Property Summary

Property TypeInvestment
Community NameElmvale
Land Size66 x 165 ft
Annual Property Taxes$5,879.00
Tax Year2025
Parking TypeOutside/Surface Garage

Building details

Bathrooms / washrooms9
Property typeInvestment

Lot & land

Lot dimensions66 × 165 ft
Lot frontage66 ft
Lot depth165 ft

Interior Features

Inclusions11 hot water heaters, 1 washer, 1 dryer, 5 fridges, 4 rangehoods, 2 stoves.
ExclusionsTenant's belongings.

Building Features

StyleInvestment

Heating & Cooling

CoolingYes
Heating TypeGas Forced Air Open

Utilities

Utility SewerSanitary+Storm

Parking

Parking TypeOutside/Surface Garage

Taxes & fees

Annual taxes$5,879 (2025)

Listing history

On market sinceApr 23, 2026

Location

Springwater, ON L0L 1P0
Listed by MAVEN COMMERCIAL REAL ESTATE, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
9 Queen Street W, Springwater, ON L0L 1P0