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Renanza Realty
For sale

306 KERR STREET

Oakville (CO Central), Ontario

MLS® W14121120

$550,000

Status
Active
Property type
Business
MLS® number
W14121120
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Rarely available !!! Incredible turn-key business opportunity! Own a highly profitable, well-established coin laundry business that has been successfully owner-operated for over 10 years.

The current owner is looking to retire and is generously willing to stay on for 1 to 2 months to provide comprehensive training, ensuring a seamless and confident transition for the new operator. Operating daily from 8AM-8PM, this business is situated in a fantastic, bright, and exceptionally spacious commercial space featuring very high ceilings and an inviting atmosphere. The operations are highly efficient and low-overhead, requiring only 1 employee to easily manage the coin laundry, wash-and-fold services, and the dry-cleaning depot.

There isalso excellent growth potential and extra space to add a profitable alteration business if desired. The facility is fully equipped with 27 washers and 25 dryers-all premium, durable, brand-name machines that have been meticulously maintained and kept in spotless condition. The smart layout includes a private office, a dedicated rest area for staff, and 2 separate washrooms (1for customer use and 1 private washroom for employees).

Unbeatable long-term stability with 11 years remaining on the lease! Highly competitive rent is just $5,750. 23 per month, includes TMI and taxes.

The property also features 6 dedicated parking spots for customers and staff. Please note the basement space is shared with the landlord strictly for maintenance access to the furnace room. Don't miss out on this rare, time-tested, high-income asset.

Turn the key and start generatingexcellent income on day one!

Property summary

MLS® number
W14121120
Property type
Business
Leasable Area
2,100 sq ft
Land size
2100 acres
Annual property taxes
$2,100.00
Parking
6 spaces
Days on market
9 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Appliances
Washer, Dryer

What would this home cost you?

Based on the $550,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,559 /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 ROYAL LEPAGE SIGNATURE REALTY, MISSISSAUGA.

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.