1935 Gerrard Street E, Toronto, Ontario M4L 2C2

Listed for:

$1,099,000

0 beds

0 baths

Listed 1 day ago

Residential Commercial Mix for rent: 1935 Gerrard Street E, Toronto, Ontario M4L 2C2

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About

Gerrard St E & Woodbine Ave 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! (id:27476)

Property Highlights

MLS® Number

E12944150

Type

Retail

Community Name

Woodbine Corridor

Land Size

20.41 x 97 FT

Building

Building Type

Residential Commercial Mix

Square Footage

1850 sqft

Fireplace Present

Basement Type

Basement Features

Building Heating Type

Baseboard heaters, Forced air

Heating Fuel

Natural gas

Building Cooling Type

Partially air conditioned

Utilities

Water

Municipal water

Location

Learn more about this property

Listing provided by:

CENTURY 21 LEADING EDGE REALTY INC.

MLS® number:

E12944150

Agent:

Shauna Rombis

Phone:

(905) 471-2121

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