B101A-6210 Finch Avenue West, Toronto | Image 1

B101A-6210 Finch Avenue West

Toronto, Mount Olive-Silverstone-Jamestown

  • Commercial

$849,900
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Coin Laundromat

  • Zoning: Commercial

  • Age: 6-15 years

  • MLS®#: W8098374

  • Days on Site: 37 Days

  • Added: Feb 28, 2024 (1 month ago)

  • Updated:

  • Last Checked: 23 minutes ago

  • Listed By: HOMELIFE/MIRACLE REALTY LTD

$$$ Very Well-Established Coin Laundromat, Excellent Profitability & Very High Net Income, Completely Unattended and Remotely Controlled, Newer Washers, Dryers and Other Machines, Great Location and Unlimited Potential to Add More to Sales and Bottom-Line Profits, Lots of Parking, Great Lease till October 2025 With Option To Extend For 2 Terms Of Five Years Each. The Seller will Train the New Buyer for Guaranteed Success in This New Venture. Annual Income of $207,000.

Extras

27 Electrolux Washers, 24 Dryers, 02 Change Machines, 1 Soap Dispenser, 6 TVs, 7 Cameras. All Washers & Dryers Equipped With Pay By Phone Feature.

Property

  • Status: Sale

  • Type: Coin Laundromat

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Age: 6-15

  • Net Income: 206304

  • Area: Toronto

  • Community: Mount Olive-Silverstone-Jamestown

  • Availability Date: TBA

Inside

  • Bathrooms: 1

  • Air Conditioning: Part

  • Washrooms: 1

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2024

  • Expenses: Est

  • Insurance Fee: 3000

  • Operating Fees: 153696

  • Hydro Expense: 9600

  • Heat Expenses: 13200

  • Other Expenses: 124896

  • Taxes Type: Annual

  • Tax Year: 2024

Land

  • Cross Street: Finch Ave W/ Albion

  • Municipality District: Toronto W10

  • Sewer: San+Storm

  • Zoning: Commercial

Commercial Specific

  • Total Area: 1750

  • Total Area Metric: Sq Ft

  • Hours Open: 6Am-11P

  • Office Size: 50

  • Office Size Metric: Sq Ft

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 6

  • Financial Statement: N

  • Gross Income/Sales: 360000

  • LLBO: N

JK-5

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JK-8

Elmbank Junior Middle Academy

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Greenholme Junior Middle School

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Smithfield Middle School

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Highfield Junior School

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JK-8

St Andrew Catholic School

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Thistletown Collegiate Institute

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Holy Cross Catholic Academy High School

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Father Henry Carr Catholic Secondary School

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Monsignor Percy Johnson Catholic High School

Secondary: Catholic
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North Albion Collegiate Institute

Secondary: Public
0.61 km
Pre-Grade 9-12

West Humber Collegiate Institute

Secondary: Public
1.33 km
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