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About the Listing 10004700 -
Turnkey, Profitable Unattended Coin-Op Laundromat. Excellent 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: 4 years remaining and 3x renewal options (5 years each) and water is included in the rent! 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.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Yes
- Heating: Gas Forced Air Open
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
- Parking Features: No Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
20 A Rexdale Boulevard Toronto, ON M9W 5Z3
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