1935 Gerrard Street E Toronto, Ontario M4L 2C2
$1,099,000
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! (id:60365)
Property Details
| MLS® Number | E12944150 |
| Property Type | Retail |
| Community Name | Woodbine Corridor |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
Building
| Appliances | Dryer, Washer |
| CoolingType | Partially Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Baseboard Heaters, Forced Air |
| SizeInterior | 1850 Sqft |
| Type | Residential Commercial Mix |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 97 Ft |
| SizeFrontage | 20 Ft ,4 In |
| SizeIrregular | 20.41 X 97 Ft |
| SizeTotalText | 20.41 X 97 Ft |
| ZoningDescription | Cr2(c0.5;r2)*1722) |
Shauna Rombis
Broker
165 Main Street North
Markham, Ontario L3P 1Y2
Greg Rombis
Salesperson
165 Main Street North
Markham, Ontario L3P 1Y2
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April 01 2026 03:44:21
Toronto Real Estate Board
Century 21 Leading Edge Realty Inc.
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