976 - 978 Albion Road, Toronto, ON M9V 1A6
Toronto, ON M9V 1A6
About this property
Yes, This Is The Laundromat You Or Your Client Were Waiting For. This Business Is Well Established For Over 30 years. This Is Completely Unattended, Open 24 Hours. 6 Washers Electrolux W5250 62 1b 6 Years, 8 Electrolux W5180N 451b 6 years, 2 Maytag Softmount 40 lb 7 years, 4 Washcomat W630 30 lb, 1 Washcomat 125 301b, 9 Washcomat Double Load 251b. 30 Dryer Pockets 7 Electolux Stacked 50 lb 6 Years, 8 ADC Stacked 30 lb All Dryers Are Gas Operated. Owned Water Heater Installed 4 Years Ago. Strong Sales Of 234,000 For The Year, Low Lease Cost $7108/Month Inclusive For 2150 Square Feet, Tenure Of The Lease 3 Years and 3 Options To Extend for 5 Years Each. Some Part Of The Premises Is Sub-Leased For $ 2000 Per Month Income To A Stable Business Tenant. Impressive EBITDA Of $ 118,104 For The Year. Owner Is Selling As He Is Retiring. Adequate Training And Education Shall Be Provided For Buyer's Guaranteed Success In This Venture. Large Space In The Basement For Storage And Currently Not Used.
Property facts & features
- Property type
- Sale Of Business
- MLS® number
- W13776200
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- 1
- Reported interior area
- 2150
- Neighbourhood
- Not provided
- Postal code
- M9V 1A6
- Garage
- Plaza
- Lot depth (source units)
- 0
- Annual property tax
- 0
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $525,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Toronto →Listing brokerage: HOMELIFE/MIRACLE REALTY LTD. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® W13776200. Information deemed reliable but not guaranteed.