1935 GERRARD Street E, Toronto E02 — For Sale in Toronto E02
0 bed · 0 bath · Store W Apt/Office for sale in Toronto E02.
1935 GERRARD Street E, Toronto E02, ON M4L 2C2
About This Property
Now for sale at 1935 GERRARD Street E in Toronto E02: a 0-bedroom, 0-bathroom store w apt/office listed at $1,099,000.
Fantastic investment available for the first time in 40+ years. Main level boasts a turnkey coin laundry business with an established customer base and steady income. Includes: 17 washers, 16 dryers, 2 change machines, and 2 soap dispensers. Basement office/storage space and 3 piece bath. All coin laundry mechanicals owned. Upper level contains 2 one bedroom apartments, currently tenanted. Apartments are separately metered, tenant pays own utilities. 2 private parking spaces accessible through rear laneway. Steps to transit and shopping. Owner to install 2 brand new boilers (25K value), brand new roof installed in 2021, current site manager handles daily business operations and is willing to stay. Great opportunity for anyone seeking an investment to provide passive income. Offers Anytime!
Property Specifications
| MLS® Number | E12944150 |
|---|---|
| Status | For Sale |
| List Price | $1,099,000 |
| Property Type | Commercial |
| Sub Type | Store W Apt/Office |
| Transaction Type | For Sale |
| Bedrooms | 0 |
| Bathrooms | 0 |
| Living Area | 1850 sq ft |
| Address | 1935 GERRARD Street E, Toronto E02, ON M4L 2C2 |
| City | Toronto E02 |
| Postal Code | M4L 2C2 |
Listing Contracted With: CENTURY 21 LEADING EDGE REALTY INC.
