Listed for:Listed Apr 23, 2026
$2,970,000

9 Queen Street W

Springwater (Elmvale), ON L0L 1P0

Store W Apt/Office For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 9 Queen Street W, Springwater, Elmvale

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 9 Queen Street W, Springwater, Elmvale

Summarized Description

  • Turnkey mixed-use investment opportunity in Elmvale.
  • Comprehensively renovated with modern updates.
  • Five apartments and five commercial units available.
  • Immediate leasing flexibility for new tenants.
  • Potential for strong income from day one.
  • On-site parking enhances tenant appeal.
  • Vacant units allow for tenant selection.

Turnkey mixed-use investment opportunity at 9 Queen St W, Elmvale, Springwater. The 8,634 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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,879
Land Transfer Tax Fee
$60,725

Interior Features

Security Features
No
Fireplace/Stove
No
Elevator
No

Building

Building Type
Store W Apt/Office

Lot

Lot Front
66.00 ft
Lot Depth
165.00 ft
Lot Size
0.251
Lot Shape
Rectangular

Inclusions

Inclusions
11 hot water heaters, 1 washer, 1 dryer, 5 fridges, 4 rangehoods, 2 stoves.

Exclusions

Exclusions
Tenant's belongings.

Parking & Garages

Garage Type
Outside/Surface
Parking Spaces
9

Heating & Cooling

Heat Type
Gas Forced Air Open
Air Conditioning
Yes
Water
Municipal
Sewers
Sanitary+Storm

Washrooms
9

Washrooms

  • —-piece

Municipality
Springwater
Neighbourhood
Elmvale
Main cross streets
Yonge St N, Queen St W
Zoning
CG - General Commercial
Directions
Hwy 27 to Elmvale, SW on Queen, property on the South Side

MLS® number
S13047244
Data source
Toronto Regional Real Estate Board
Listed on
2026-04-23
Updated on
2026-09-15
Days on market
175 days
Possession type
Immediate
Co-op commission
2.5%
Seller
Listed by
MAVEN COMMERCIAL REAL ESTATE

Home Market Value

Current home valuation for 9 Queen Street W, Springwater, Elmvale, Springwater, ON. Listed for $2,970,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 9 Queen Street W, Springwater, Elmvale

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Springwater, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$594,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$2,376,000$2,227,500$2,079,000$1,930,500
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$11,601monthly$10,876monthly$10,151monthly$9,426monthly
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Land Transfer Tax

Provincial

$60,725

Total Land Transfer Tax

$60,725

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