Toronto W08 M9A 1C2
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C2,438,888
($1,792,000)
(€1,530,900)
Annual Taxes:C10,193
505 Park Ave, New York, NY 10022

Imagine offsetting your mortgage while running a proven, cash based business.

Description

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.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.