Active
2891 Jane St
Toronto Ontario, M3N 2J5
C$749,990
Active
Other
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.
W11887637
MLSⓇ ID
December 26, 2024
Updated
Map
2891 Jane St
Toronto Ontario, M3N 2J5
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Y
Heating
Yes
Heating Description
Gas Forced Air Open
Exterior/Building Features
Sewer
SanStorm
Other Property Details
Area Name
Glenfield-Jane Heights
Garage
No
Parking
Plaza
View
No
County
Ontario
Municipality
Toronto
Water Source
Municipal
Pool
No
Zoning
Commercial
Courtesy of Listed by , RE/MAX GOLD REALTY INC.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2024 Toronto Real Estate Board. All rights reserved.
Data last updated 5:55 PM UTC, 12/26/2024