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Renanza Realty
For sale

2A - 280 VICTORIA STREET N

Kitchener, Ontario

MLS® X13483960

$249,900

Status
Active
Property type
Business
MLS® number
X13483960
Bedrooms
Bathrooms
Year built

Listing description

Exceptional opportunity to acquire a well-established and profitable coin laundromat in Kitchener, proudly serving the community for over 30 years. This turnkey business operates from a 1,500 sq. ft.

leased premises with attractive low monthly rent and generates approximately$9,000 to $11,000 in monthly sales, with significant potential for future growth and revenue enhancement. The sale includes all owned equipment with no lease obligations, featuring 27 washers, 21 dryers, laundry sink, 5 folding tables ,security camera system, boiler, hot water tank, and an automatic door lock system with programmable timers for efficient opening and closing operations. The business is designed for streamlined management and offers an excellent opportunity for owner-operators, investors, or those seeking a semi-passive income stream.

With a long operating history, loyal customer base, and established presence in the market, this is a rare chance to acquire a stable, cash-flowing business with upside potential. The current owner is retiring, creating an ideal opportunity for new ownership to takeover and grow the operation.

Property summary

MLS® number
X13483960
Property type
Business
Land size
230 x 182.57 FT
Days on market
67 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $249,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,163 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX SKYWAY REALTY INC., BRAMPTON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.