Added 1 month ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Coin Laundromat
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Zoning: Commercial
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Age: No Data
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Taxes: 11000
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MLS®#: W8185644
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Days on Site: 3 Days
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Added: Mar 30, 2024 (1 month ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: HOMELIFE/ROMANO REALTY LTD.
Beautiful coin laundromat was totally rebuilt in 2014. Renovated top to bottom, 2 bedroom apartment, designed & built with quality materials, owner occupied. Gross sales $29,000/mo incl. self serve 24,000/mo. plus $5,000/mo wash & fold. Business run by 2 employees. Owner absentee. 23 washer, 10 double, 9-45 pounds, 4-62 pounds. Dryers 22, 16 pockets 30 pounds & 6 pockets 50 pounds. All machines Electrolux 10 years old. Open 24/7. Very high net income. Amazing location. Surrounded by lots of high-rise buildings
Extras
6 parkings spaces. Live upstairs and run the business downstairs, Delivery van not included not included in price. Optional to buy for $30,000.00 or assume contract for 3 yrs @ $850/mo.
Property
Status: Sale
Type: Coin Laundromat
Property Type: Sale Of Business
Property Type: With Property
Area: Toronto
Community: Islington-City Centre West
Availability Date: to be arranged
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Open
Freestanding: N
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Fees
Tax Year: 2024
Taxes: $11,000
Taxes Type: Annual
Land
Cross Street: Dundas St. W./Isling
Municipality District: Toronto W08
Parcel Number: 075360162
Lot Depth: 140.9 Feet
Lot Frontage: 20.13 Feet
Zoning: Commercial
Commercial Specific
Number of Employees: 2
Retail Area: 900
Retail Area Metric: Sq Ft
Total Area: 1750
Total Area Metric: Sq Ft
Hours Open: 24/7
Office Size: 850
Office Size Metric: Sq Ft
Franchise: N
Tangible Property Included: Y
Lot Code: Building
Seats: 5
Financial Statement: N
LLBO: N
Wedgewood Junior School
Elementary: PublicRosethorn Junior School
Elementary: PublicIslington Junior Middle School
Elementary: PublicOur Lady of Peace Catholic School
Elementary: CatholicSt Gregory Catholic School
Elementary: CatholicOur Lady of Sorrows Catholic School
Elementary: CatholicEtobicoke Year Round Alternative Centre
Secondary: PublicBurnhamthorpe Collegiate Institute
Secondary: PublicEtobicoke School of the Arts
Secondary: PublicEtobicoke Collegiate Institute
Secondary: PublicRichview Collegiate Institute
Secondary: PublicBishop Allen Academy Catholic Secondary School
Secondary: Catholic
- 0 bath
- 0 bed
1260 The Queensway, Toronto, Ontario • M8Z 1S2 • Islington-City Centre West
