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$ 1,099,000
Est. payment /mo
Active
1935 GERRARD ST E Toronto E02, ON M4L 2C2
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Municipality Toronto E02
Subdivision Woodbine Corridor
MLS Listing ID E12944150
Annual Tax Amount $12,811
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property 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!
Location
Province ON
County Toronto
Community Toronto E02
Area Toronto
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 20.41
Lot Depth 97.0
Others
Security Features No
ParcelsYN No
Listed by CENTURY 21 LEADING EDGE REALTY INC.