All photos · 67
220 Queen Road W, Springwater, ON L0L 1P0
$3,200,000
Beds
n/a
Baths
6
Type
Commercial
About this home
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.
Heating
- · Baseboard
Cooling
- · Partial
What it could cost monthly
Estimated monthly
$14,654
Principal & interest, per month
- Mortgage amount
- $2,560,000
- Down payment
- $640,000
- Total interest paid
- $1,836,189
Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.
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Listing brokerage
RE/MAX REALTY SPECIALISTS INC.
Each office independently owned and operated.