20a Rexdale Boulevard Toronto, Ontario M9W 5Z3
$155,000
Turnkey, Profitable Unattended Coin-Op LaundromatExcellent 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: Water is included in the rent, meaning future sales growth directly translates to higher profit margins. 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. (id:50169)
Business
| Business Type | Special Purpose |
| Business Sub Type | Laundromat |
Property Details
| MLS® Number | W13591442 |
| Property Type | Business |
| Neigbourhood | Rexdale-Kipling |
| Community Name | Rexdale-Kipling |
Building
| Bathroom Total | 1 |
| Appliances | Dryer, Alarm System, Water Heater - Tankless, Wall Mounted Tv, Washer |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,200 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 50 Ft ,6 In |
| Size Frontage | 19 Ft ,6 In |
| Size Irregular | Unit=19.5 X 50.5 Ft |
| Size Total Text | Unit=19.5 X 50.5 Ft |
| Zoning Description | Commercial |
Contact Us
Contact us for more information
Contact Hanna
direct. 226.376. 2541
office. 519.443.4331
[email protected]
250 Wharncliffe Rd N
London, ON N6H 2B8
Mortgage Payments
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July 22 2026 04:49:40
London and St. Thomas Association of REALTORS®
Right At Home Realty