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:4555)
PROPERTY SPECS
Price $2,438,888
City Toronto, Ontario
Address 5082 Dundas Street
Listing ID W13087616
Square Footage 1750
Type Industrial/Commercial
Status For Sale
EXTENDED FEATURES
SubtypeRetailOwnershipFreeholdHeating / CoolingForced air, Natural gas