$1,099,000
1935 GERRARD St E
Toronto E02, ON M4L 2C2
1935 GERRARD St E, Toronto E02 — Listed at $1,099,000 Store W Apt/Office. MLS® E12944150.
Description
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
Business Details
Commercial Space & Financials
Listing Courtesy of: CENTURY 21 LEADING EDGE REALTY INC.
MLS® #E12944150


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About Toronto Real Estate
This Store W Apt/Office is located in the Woodbine Corridor community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.
















