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Islington-City Centre West, Toronto W08, ON M9A 1C2
$2,438,888
Imagine offsetting your mortgage while running a proven, cash-based business. This turnkey, completely rebuilt (2014), fully-equipped laundromat is a recession-resilient business generating a substantial revenue stream. Located in a high-foot-traffic area with dense residential high-rises. The package includes a modern 2-bedroom apartment, ideal for living mortgage-free while building equity or rented out at market rates. The business features professional Electrolux equipment and a healthy mix of self-service and wash-and-fold income. Operate it yourself or keep the existing staff for a passive income stream. A rare offering with incredible potential.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.