Imagine offsetting your mortgage while running a proven, cash-based business. This turnkey, completely rebuilt (2014), fully-equipped laundromat is a recession-resilient business generating a substantial revenue stream. Located in a high-foot-traffic area with dense residential high-rises. The package includes a modern 2-bedroom apartment, ideal for living mortgage-free while building equity or rented out at market rates. The business features professional Electrolux equipment and a healthy mix of self-service and wash-and-fold income. Operate it yourself or keep the existing staff for a passive income stream. A rare offering with incredible potential. (id:61445)
| BusinessType | Service |
| BusinessSubType | Miscellaneous services |
| MLS® Number | W13087616 |
| Property Type | Retail |
| Community Name | Islington-City Centre West |
| Appliances | All, Dishwasher, Dryer, Water Heater, Washer, Window Coverings |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 1750 Sqft |
| SizeInterior | 1750 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 139 Ft ,6 In |
| SizeFrontage | 19 Ft ,8 In |
| SizeIrregular | Bldg=19.7 X 139.5 Ft |
| SizeTotalText | Bldg=19.7 X 139.5 Ft |
| ZoningDescription | Commercial Residential |
Contact us for more information
Michael Chau
Salesperson