976 - 978 Albion RD, Toronto W10, ON M9V 1A6
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Tyler Verheul

Tyler Verheul

+1(613) 797-0208
$525,000
Est. payment /mo
1 Bath
2,150 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,150 sqft

Price per Sqft $244

Municipality Toronto W10

Subdivision Thistletown-Beaumonde Heights

MLS Listing ID W13776200

Tax Year 2026

Property Sub-Type Sale Of Business

Property Description

Yes, This Is The Laundromat You Or Your Client Were Waiting For. This Business Is Well Established For Over 30 years. This Is Completely Unattended, Open 24 Hours. 30 Washers Electrolux W5250 62 1b 6 Years, 8 Electrolux W5180N 451b 6 years, 2 Maytag Softmount 40 lb 7 years, 4 Washcomat W630 30 lb, 1 Washcomat 125 301b, 9 Washcomat Double Load 251b. 30 Dryer Pockets 7 Electolux Stacked 50 lb 6 Years, 8 ADC Stacked 30 lb All Dryers Are Gas Operated. Owned Water Heater Installed 4 Years Ago. Strong Sales Of 234,000 For The Year, Low Lease Cost $7108/Month Inclusive For 2150 Square Feet, Tenure Of The Lease 3 Years and 3 Options To Extend for 5 Years Each. Some Part Of The Premises Is Sub-Leased For $ 2000 Per Month Income To A Stable Business Tenant. Impressive EBITDA Of $ 118,104 For The Year. Owner Is Selling As He Is Retiring. Adequate Training And Education Shall Be Provided For Buyer's Guaranteed Success In This Venture. Large Space In The Basement For Storage And Currently Not Used.

Location

Province ON

County Toronto

Community Toronto W10

Area Toronto

Zoning Commercial

Interior

Cooling Yes

Inclusions All Equipment and Chattels

Exterior

Parking Features Plaza

Utilities Available Available

Building

Lot Description Unit

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Lited by HOMELIFE/MIRACLE REALTY LTD

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Tyler Verheul

More buyers are choosing LPT Realty for one simple reason — results. With a focus on personalized service, expert guidance, and a modern approach to real estate, we make every step of the process smooth, smart, and stress-free. Discover what sets us apart.

+1(613) 797-0208

tyler@tylervproperties.ca

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976 - 978 Albion RD

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