5512 Lawrence Avenue East, Toronto | Image 1

5512 Lawrence Avenue East

Toronto, Centennial Scarborough

  • Commercial

$119,000
For Sale

Added 3 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: E9019701

  • Added: Jul 09, 2024 (3 months ago)

  • Updated:

  • Last Checked: 8 hours ago

  • Listed By: HOMELIFE/BAYVIEW REALTY INC.

Established dry cleaning plant located at prime intersection surrounded by high-density residential area. Same owner for 15 years. Excellent location in high-traffic plaza next to Subway, LCBO, BMO, Karate School, Dentist, etc. All working and top quality machinery for cleaning, pressing and alterations. Fully-equipped dry clean operation with lots of potential to grow business by extending hours and wholesale cleaning. 15 HP Boiler only 4 years old with potential to expand more presses. 1 person operation running machines only 6 hrs/day, 3 days/week (machines have less mileage). No Depot service - only full retail. Equipped to handle multiple depots with 2 press machines and 1 Sankosha shirt machine capable of pressing 40 shirts/hour!

Extras

Sales $10K/Month with very short hours. Rent $3800/Month less $1000/month sublease income. Rent includes TMI & HST & water. Lease 1 year + option to be negotiated.

Property

  • Status: Sale

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Centennial Scarborough

  • Availability Date: Immediate

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Taxes Type: N/A

Land

  • Cross Street: Lawrence/Port Union

  • Municipality District: Toronto E10

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 1

  • Retail Area: 1400

  • Retail Area Metric: Sq Ft

  • Total Area: 1400

  • Total Area Metric: Sq Ft

  • Hours Open: 9-6

  • Days Open: 6

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Business/Building Name: Top Cleaners

  • Financial Statement: N

  • LLBO: N

Map of 5512 Lawrence Avenue East, Toronto
JK-6

West Rouge Junior Public School

Elementary: Public
1.79 km
JK-6

William G Davis Junior Public School

Elementary: Public
0.66 km
JK-6

Centennial Road Junior Public School

Elementary: Public
1.19 km
7-8

Joseph Howe Senior Public School

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0.67 km
JK-6

Charlottetown Junior Public School

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0.37 km
JK-8

St Brendan Catholic School

Elementary: Catholic
0.87 km
Pre-Grade 9-12

Maplewood High School

Secondary: Public
5.08 km
Pre-Grade 9-12

West Hill Collegiate Institute

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Sir Oliver Mowat Collegiate Institute

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St John Paul II Catholic Secondary School

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4.97 km
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Dunbarton High School

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St Mary Catholic Secondary School

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