20A Rexdale Boulevard
Toronto, M9W 5Z3
FOR SALE
$155,000
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Sale Of Business
CATEGORY 1,000 Sq Ft
RETAIL AREA W13591442
MLSID Contact Us
Property Description
Turnkey, Profitable Unattended Coin-Op Laundromat. Excellent opportunity to acquire a well-established, highly efficient coin laundromat with a strong net operating income (NOI) of $35,000 per year, as per seller. Located in a busy strip mall condo unit, this clean, tight operation runs completely unattended with all machines in good working order. Key Features- Exceptional Lease: 4 years remaining and 3x renewal options (5 years each) and water is included in the rent! The lease also includes a first right of refusal to purchase the real estate. Equipped with two new tankless water heaters installed within the last year. The water storage tank is a rental. Prime Location: Surrounded by apartment buildings and situated near major anchors like Costco, Walmart, and LCBO, ensuring high visibility. Ample parking available for customers.This straightforward, low-maintenance business offers immediate cash flow and significant growth potential. Perfect for hands-off investors or owner-operators.
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Property Details
Address
20A Rexdale Boulevard
Community
City
Postal Code
M9W 5Z3
Property Type
Sale Of Business, Sale Of Business
Use
Without Property
Zoning
Commercial
Lot Size
20' x 50'
Retail Area
1,000 Sq Ft
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
None
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Listing contracted with Right At Home Realty
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