1935 Gerrard Street E, Toronto, ON, M4L 2C2

CAD 1,099,000
For Sale MLS: E12944150

Property Details

Property Type

Store W Apt/Office

Description

Property Details: - Type: Store W Apt/Office - Bedrooms: 0 - Bathrooms: 0 - MLS#: E12944150 Listed By: CENTURY 21 LEADING EDGE REALTY INC.

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! This store w apt/office home located at 1935 Gerrard Street E, Toronto is currently for sale and has been available on Zolo.ca for 0 day. This property is listed at $1,099,000 with an estimated mortgage of $4,045* per month. It has beds, bathrooms, and is 1,850 square feet. 1935 Gerrard Street E, Toronto is in the Woodbine Corridor neighborhood Toronto. East End Danforth, The Beaches and Danforth are nearby neighborhoods.

Location

Address

1935 Gerrard Street E, Toronto, ON, M4L 2C2

City

Toronto

Features and Finishes

None

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