Excellent investment opportunity with over 10,000 Square Feet! Fully rented residential 8 plex with ground level 5400+ Square foot commercial retail warehouse space. Huge capital improvements done in the last 2 years. Including stucco/stone front facade, windows, doors, bathrooms, flooring, roofs, brand new asphalt parking lot, plumbing, exterior paint, storage units, covered porch entrance, new heat pumps in all upper apartments, new hot water heaters, new interior paint, and much more! Some units have newer kitchens and bathrooms. Rear truck level loading dock with elevator. Main floor tenant operates a reputable and successful Fireplace/HVAC business. All residential and commercial units fully occupied. Too many improvements to list. Turn key investment!
10 bedrooms, 8 bathrooms, about 5,000 sq ft, works out to roughly $558 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 58 Queen St St W
Every detail from the listing, in one place.
Type
Multiplex
Style
2-Storey
Living space
5000 + sq ftas stated on the listing
Parking
9 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
9
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Multiplex
58 Queen St St W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S12647072$2,790,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 58 Queen St St W Compares to the Springwater Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$13,706
/mo
based on the purchase price of $2,790,000
$558,000 cash
$2,232,000 financed
$1,879,930 total interest
Principal54%$2,232,000
Interest46%$1,879,930
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 58 Queen St St W
Homes for sale in Springwater
Every active Springwater MLS® listing, updated all day.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings235Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 123 sales from Jul 24 – Oct 22, 2026 (77 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 58 Queen St St W
How much is 58 Queen St St W listed for?
58 Queen St St W is listed at $2,790,000 (MLS® S12647072). Summitly updates the price as soon as the MLS® record changes.
Is $2,790,000 a good price for 58 Queen St St W?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Springwater. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 58 Queen St St W changed?
No — 58 Queen St St W is still listed at its original asking price of $2,790,000.
How many bedrooms and bathrooms does 58 Queen St St W have?
58 Queen St St W has 10 bedrooms and 8 bathrooms, with about 5,000 square feet of living space. It is a multiplex in Springwater.
How much would the monthly mortgage be on 58 Queen St St W?
About $13,706 a month — principal and interest on $2,790,000 with 20% down ($558,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 58 Queen St St W compare with other homes in Springwater?
Its asking price of $2,790,000 is about 213% above the median sold price in Springwater over the last 90 days, $890,000, across 123 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 58 Queen St St W been sold before?
Summitly has no earlier MLS® sale or lease of 58 Queen St St W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 58 Queen St St W?
58 Queen St St W is in Springwater, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 58 Queen St St W been on the market?
304 days — 58 Queen St St W was listed on December 22, 2025.
What is the price per square foot of 58 Queen St St W?
About $558 per square foot: the asking price of $2,790,000 over the 5,000 sq ft the listing gives.
Does 58 Queen St St W have parking or a garage?
Yes — the listing gives 9 parking spaces.
Does 58 Queen St St W have a basement, and is it finished?
The listing says 58 Queen St St W has no basement.
