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$ 155,000
Est. payment /mo
Active Under Contract
20A Rexdale BLVD Toronto W10, ON M9W 5Z3
1 Bath
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active Under Contract
Purchase Type For Sale
Municipality Toronto W10
Subdivision Rexdale-Kipling
MLS Listing ID W13591442
Tax Year 2026
Property Sub-Type Sale Of Business
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.
Location
Province ON
County Toronto
Community Toronto W10
Area Toronto
Interior
Cooling Yes
Exterior
Lot Frontage 19.5
Lot Depth 50.5
Others
ParcelsYN No
Listed by RIGHT AT HOME REALTY