2891 Jane Street, Toronto | Image 1

2891 Jane Street

Toronto, Glenfield-Jane Heights

  • Commercial

$749,990
For Sale

Added 1 week ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Coin Laundromat

  • Zoning: Commercial

  • Age: 16-30 years

  • MLS®#: W11887637

  • Added: Dec 10, 2024 (1 week ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: RE/MAX GOLD REALTY INC.

This coin laundry business, strategically situated amidst numerous retail stores, has established itself as one of the best in the area. Equipped with 45 washers and 48 dryers, the facility also features a laundry supplies shop, three coin changers, soap dispensers, large-size vending machines, TVs, cameras, and seating for customers to relax. Fully attendant with wash and fold as well as dry cleaning services, the business operates on a 10+5 year lease. Annual sales approximate $300,000, with expenses totaling $160,000, resulting in a net profit of $140,000. Rent is inclusive of base rent, TMI, HST, and water. The business benefits from a prime location, with high-traffic amenities, TTC streetcar, and subway access nearby. Additionally, there is potential to increase sales through the incorporation of OLG. The premises are equipped with fully automatic security cameras, monitoring, and recording capabilities.

Extras

Lots of washers from 20 lbs to 60 lbs, 30 lb-45 lb Double stack dryers, and much more to see. Nice area with Lots of buildings around. Don't miss it. Luck comes with a lucky place and this one is a lucky one.

Property

  • Status: Sale

  • Type: Coin Laundromat

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Age: 16-30

  • Area: Toronto

  • Community: Glenfield-Jane Heights

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Green Verification Status: N

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2024

  • Taxes Type: T.M.I.

Land

  • Cross Street: Jane/Sheppard

  • Municipality District: Toronto W05

  • Parcel Number: 102580045

  • Sewer: San+Storm

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 2

  • Rail: N

  • Retail Area: 2400

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 2600

  • Total Area Metric: Sq Ft

  • Hours Open: 6am-11p

  • Office Size: 150

  • Office Size Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Subways

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Unit

  • Survey: N

  • Seats: 20

  • Business/Building Name: SUPER CLEAN LAUNDRY

  • Financial Statement: N

  • LLBO: N

JK-5

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For Sale
7 months ago
$739,999
  • 0 bath
  • 0 bed

48-750 Oakdale Road, Toronto, Ontario • M3N 2Z4 • Glenfield-Jane Heights