1935 GERRARD Street, The Beaches / Upper Beaches, ON M4L 2C2
$1,099,000
activeNEW
About This Property
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!
Property Details
Commercial
Active
E12944150
0
0
1,850
April 1, 2026
Features & Amenities
Location
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1935 GERRARD Street, The Beaches / Upper Beaches, ON M4L 2C2
1935 GERRARD Street, The Beaches / Upper Beaches, ON M4L 2C2
Listing Information
Listing Information
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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9