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$849,900
Available - For Sale
Listing ID: W8098374
$$$ Very Well-Established Coin Laundromat, Excellent Profitability & Very High Net Income, Completely Unattended and Remotely Controlled, Newer Washers, Dryers and Other Machines, Great Location and Unlimited Potential to Add More to Sales and Bottom-Line Profits, Lots of Parking, Great Lease till October 2025 With Option To Extend For 2 Terms Of Five Years Each. The Seller will Train the New Buyer for Guaranteed Success in This New Venture. Annual Income of $207,000.
Extras:   27 Electrolux Washers, 24 Dryers, 02 Change Machines, 1 Soap Dispenser, 6 TVs, 7 Cameras. All Washers & Dryers Equipped With Pay By Phone Feature.
Price $849,900
Taxes: $0
Tax Type: Annual
Occupancy by: Tenant
Address: 6210 Finch Ave West , Unit B101A, Toronto, M9V 0A1, Ontario
Apt/Unit: B101A
Postal Code: M9V 0A1
Province/State: Ontario
Directions/Cross Streets: Finch Ave W/ Albion Rd
Zoning: Commercial
Category: Without Property
Use: Coin Laundromat
Building Percentage: N
Total Area: 1,750
Total Area Code:  Sq Ft
Office/Appartment Area: 50
Office/Appartment Area Code: Sq Ft
Approximatly Age: 6-15
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 6Am-11P
Employees #: 0
Seats: 6
LLBO: N
Insurance Expense: $3000
 Management Expense: 0
Maintenance: 2,400
 Heat Expenses: $13200
 Hydro Expense:  $9600
Water Expense: $0
Other Expenses: $124896
Gross Income/Sales: $360000
Operating Expenses: $153696
Net Income Before Debt: $206304
Year Expenses: 2024
Expenses Actual/Estimated: $Est
Heat Type: Gas Forced Air Open
Central Air Conditioning: Part
Sewers: San+Storm
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE/MIRACLE REALTY LTD

6210 Finch Ave West , Unit B101A, Toronto, M9V 0A1, Ontario


 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Mount Olive-Silverstone-Jamestown
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age: 6-15
Tax: $0
Maintenance Fee: $2,400
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Baths: 1
Garage: 0
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