1935, GERRARD, Woodbine Corridor, Toronto, Commercial

MLS® Number E12944150
For Sale   $ 1,099,000
  • 1850 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Commercial Store W Apt/Office For Sale.

Fantastic investment available for the first time in 40+ years. Main level boasts a turnkey coin laundry business with an established customer base and steady income. Includes: 17 washers, 16 dryers, 2 change machines, and 2 soap dispensers. Basement office/storage space and 3 piece bath. All coin laundry mechanicals owned. Upper level contains 2 one bedroom apartments, currently tenanted. Apartments are separately metered, tenant pays own utilities. 2 private parking spaces accessible through rear laneway. Steps to transit and shopping. Owner to install 2 brand new boilers (25K value), brand new roof installed in 2021, current site manager handles daily business operations and is willing to stay. Great opportunity for anyone seeking an investment to provide passive income. Offers Anytime!

Cross Street: Gerrard St E & Woodbine Ave

Key Facts

  • Days on: 19 days
  • Mls Status: New
  • Lot Type: Lot
  • Lot Width: 20.41
  • Garage Type: Lane
  • Heat Type: Baseboard
  • Cooling: Partial
  • Building Area Total: 1850 Square Feet
  • Retail Area: 850 Sq Ft

Location 1935, GERRARD, Woodbine Corridor, Toronto

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Kate Naccarato
Sales Representative 416-779-6085