976 - 978 ALBION ROAD
Toronto (Thistletown-Beaumonde Heights), Ontario
MLS® W13776200
$525,000
- Status
- Active
- Property type
- Business
- MLS® number
- W13776200
- Bedrooms
- —
- Bathrooms
- 1
- Year built
- —
Listing description
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 summary
- MLS® number
- W13776200
- Property type
- Business
- Leasable Area
- 2,150 sq ft
- Days on market
- 24 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $525,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of HOMELIFE/MIRACLE REALTY LTD, 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.