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

 

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