Property Details

331 Oakwood Avenue E, Toronto

$ 50,000

Description

Well-maintained coin laundromat featuring 15 washers and 13 dryers, including high-capacity machines. Open 24/7, located in a high-traffic area with steady customer flow. Take advantage of this turn-key opportunity to own a fully equipped laundromat in a high-potential location. This is an asset sale only ideal for owner-operators, entrepreneurs. Modern Equipment: Majority of machines are just 2 years old minimal maintenance, ready to run. Upgraded Front Counter: Over $18,000 invested in custom cabinetry to support cigarette sales, lottery, and a wash & fold service setup. Low Rent: Only $2,400/month including TMI, rare find! Storage Basement: Included in the rent perfect for inventory or business expansion. Lease Flexibility: Landlord is open to signing a new lease directly with the buyer negotiate your own terms! Business Status: Current owner has not been operating the business for over a year due to time constraints. No financial statements available; ideal for buyers comfortable operating cash-based ventures. Note: This is a sale of assets only. No goodwill or financials included. Perfect for someone looking to build their own client base, expand services, or add an additional income stream.

Additional Details

  • Community
    Oakwood Village
  • Lot Size
    40 X 105.5 Ft.
  • Building Type
    Sale Of Business
  • Taxes
    $1000 (2024)
  • Garage Type
    None
  • Air Conditioning
    Partial
  • Heating Type
    Baseboard
  • Zoning
    CR2(c0.5;r2*284)
  • Listing Brokerage
    EXP REALTY

Location

331 Oakwood Avenue E , Toronto, ON M6E 2V8

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Listing Brokerage

  • EXP REALTY

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Listing Data is provided courtesy of Toronto Real Estate Boards

Disclaimer: The property is not necessarily in the boundary of the schools shown above. This map indicates the closest primary and secondary schools that have been rated by the Fraser Institute. There may be other, closer schools available that are not rated by the Fraser Institute, or the property can be in the boundary of farther schools that are not shown on this map. This tool is designed to provide the viewer an overview of the ratings of nearby public schools, and does not suggest association to school boundaries. To view all schools and boundaries please visit the respective district school board’s website.

D
Derek Li
Derek Li
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