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November 24th, 2017 
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MLS® # W3977535
Title: 2700 Kipling Ave, Toronto
Address: 2700 Kipling Ave, Toronto, Ontario M9V4P2
Status:  Available For Sale
Area: Mount Olive-Silverstone-Jamestown
Major Intersection: Steeles & Kipling
List Price: $150,000
Property Type: Sale Of Business
Description: A Promising Coin Laundry At The Centre Of Many High Rise Apts With Strong Demanding For A Laundromat. Well Established Business Since 2003 With Loyal Clienteles. New Wascomat 60 Lb Washers X 2, New Wascomat Dryer X 10. The Owner Works In A Very Limited Capacity Because Of The Personal Situation And Thus A New Owner Needs To Do Some Improvements For The Machines And Some Renovations. This Is Why The Price Is To Go.
Monthly Sales $15,000 (Coin $10,000, W&F $1,500, Dry Clean $3,500), Rent $6,000 Including Water, Tmi And Hst. Net Income $5,500+ Per Month. Lease 3 Years Left With One 5-Year Renewal Option. Lots Of Potential With Rejuvenations.
Possession date: Tbd
Disclosure Statement: Although the Information displayed is believed to be accurate, no warranties or representations are made of any kind.
Brokered & Advertised by: Sutton Group Admiral Realty Inc., Brokerage
independently owned and operated
 
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