10
190 Simcoe Avenue
$100,000 Sale
Listed 28 days ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 190 Simcoe Avenue
Key Facts
Key facts for 190 Simcoe Avenue
Property Type
Commercial
Parking
None
MLS #
N12192415
Size
-
Basement
-
Listed on
2025-06-03
Lot size
19 x 57.0
Tax
$9,096.47 /yr
Days on Market
28
Approximate Age
-
Maintenance Fee
-
Description
Incredible opportunity to own a fully operational laundromat located in the heart of Keswick. Surrounded by a dense mix of residential homes, apartment buildings, and commercial businesses, this location benefits from steady foot traffic and a loyal clientele. This well-established business has been... a staple in the community for over 30 years. Its profitability is driven by high-demand services including dry cleaning, wash-and-fold, and alterations. This is not a hands-off investment and requires an operator to manage day-to-day operations. The space was updated in 2023 with new tile flooring and fresh paint throughout, and it comes fully equipped with 9 operating washers and 10 operating dryers, all of which are owned outright with no rental equipment. There are three years remaining on the current lease, with the option for a new lease to be negotiated with the landlord. This is a fantastic opportunity for an owner-operator or entrepreneur looking to take over a reputable and profitable business with deep roots in the community.
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Courtesy of: ROYAL LEPAGE YOUR COMMUNITY REALTY