ON > Toronto W05 > Glenfield-Jane Heights
Toronto W05, ON M3N 2J5,2891 Jane ST
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Toronto W05, ON M3N 2J5,2891 Jane ST
Toronto W05, ON M3N 2J5,2891 Jane ST
Toronto W05, ON M3N 2J5,2891 Jane ST
Toronto W05, ON M3N 2J5,2891 Jane ST
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Jethro Seymour

Jethro Seymour

The Seymour Team

+1(416) 712-0767
$ 749,990
Est. payment /mo
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2891 Jane ST Toronto W05, ON M3N 2J5

2,600 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $288

Subdivision Glenfield-Jane Heights

MLS Listing ID W11887637

Building Age 16-30

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

This coin laundry business, strategically situated amidst numerous retail stores, has established itself as one of the best in the area. Equipped with 45 washers and 48 dryers, the facility also features a laundry supplies shop, three coin changers, soap dispensers, large-size vending machines, TVs, cameras, and seating for customers to relax. Fully attendant with wash and fold as well as dry cleaning services, the business operates on a 10+5 year lease. Annual sales approximate $300,000, with expenses totaling $160,000, resulting in a net profit of $140,000. Rent is inclusive of base rent, TMI, HST, and water. The business benefits from a prime location, with high-traffic amenities, TTC streetcar, and subway access nearby. Additionally, there is potential to increase sales through the incorporation of OLG. The premises are equipped with fully automatic security cameras, monitoring, and recording capabilities. **EXTRAS** Lots of washers from 20 lbs to 60 lbs, 30 lb-45 lb Double stack dryers, and much more to see. Nice area with Lots of buildings around. Don't miss it. Luck comes with a lucky place and this one is a lucky one.

Location

Province ON

County Toronto

Community Glenfield-Jane Heights

Area Toronto

Interior

Heating Yes

Cooling Yes

Exterior

Community Features Major Highway, Subways

Utilities Available Available

Others

Security Features Yes

Listed by RE/MAX GOLD REALTY INC.
agent

Jethro Seymour

Broker

+1(416) 712-0767

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2891 Jane ST

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