Personal Pic

Milad Akrami

Sales Representative
Soltanian Real Estate, Brokerage Independently owned and operated. 175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9 Cell: 647-678-7799Office: 647-678-7799

$1,099,000
Available - For Sale
Listing ID: E12944150
1935 GERRARD Street East , Toronto, M4L 2C2, Toronto


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!
Price $1,099,000
Taxes: $12811.17
Tax Type: Annual
Occupancy: Owner+T
Address: 1935 GERRARD Street East , Toronto, M4L 2C2, Toronto
Postal Code: M4L 2C2
Province/State: Toronto
Directions/Cross Streets: Gerrard St E & Woodbine Ave
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Store With Apt/Office
Building Percentage: F
Total Area: 1850.00
Total Area Code:  Square Feet
Office/Appartment Area: 1000
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Sprinklers: No
Washrooms: 0
Heat Type: Baseboard
Central Air Conditioning: Partial
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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.

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This calculator 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.
CENTURY 21 LEADING EDGE REALTY INC.
Personal Picture
Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Toronto
Municipality: Toronto E02
Neighbourhood: Woodbine Corridor
Style:
Lot Size: x 97.00(Feet)
Approximate Age:
Tax: $12,811.17
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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