Welcome to The Laundry Basket, a well-established, family-owned laundromat. Located in a convenient area with ample off-street parking, this business combines modern updates with steady income potential.Property Features: Recently renovated interior (2023) with updated flooring and fresh paint, creating a clean and welcoming atmosphere.Fully equipped with 13 washers and 11 dryers, included in the sale.Smart locks and security cameras for effortless management and added security.Hot water tank (2018), ensuring reliability and efficiency.Two bathrooms, a large utility sink, and retro touches like the soap/bleach/softener dispenser for a nostalgic flair.Entry points in both the front and rear, including alleyway access and additional parking.The Business Highlights Minimal hands-on involvement required: simply collect coins or explore the option to install tap-payment machines for even easier management.Rental income from the front room, currently occupied by a local soap maker, adds additional steady revenue.Opportunities for growth through increased online advertising, enhanced signage, and a fresh coat of exterior paint.A loyal customer base with room to expand, making it perfect for new or experienced entrepreneurs.Owning this property means owning two assets—a profitable laundromat business and a real estate investment that grows in value over time. This is the perfect chance to step into a reliable, income-generating venture with potential for even greater returns!Don’t miss out on this fantastic business investment. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Listing Contract Date
2024-12-06
Municipal ID
0015659188
Plan
9200S
Property Type
Business
Transaction Type
For sale
Total Buildings
1
Zoning Description
General Commercial
Business
Business Type
Special Purpose
Business Subtype
Laundromat
Building
Constructed Date
1978
Heating Type
Forced air
Size (Exterior)
1250 square feet
Total Finished Area
1250 sqft
Land
Total Size
Unknown
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.