Rare Mixed-Use Investment Opportunity Turnkey Income Generator!Step into a prime investment with this exceptional two-storey mixed-use building, perfectly situated and built for long-term income stability. This well maintained property features a well-established coin laundromat on the main floor, operating for over two decades and known in the community for its reliability and steady foot traffic. Upstairs, enjoy additional income from a bright and spacious 2-bedroom residential unit, currently leased to AAA tenants at $2,249/month. This modern apartment offers comfort, charm, and consistent rental cash flow.With a strong tenant profile, established business income, and an impressive cap rate, this property checks all the boxes for seasoned investors and those entering the commercial/residential market. Don't miss this rare opportunity to own a stable, dual-income property with proven performance. Whether you're an investor seeking cash flow or a business owner looking for live/work potential, this asset delivers. Owner is retiring and seeking the next owner for this gem of an investment!
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
Yes
Total Area:
2000 sq. ft. Square Feet
Total Area:
2,000 sq. ft.186 m2
Retail Area:
1000 sq. ft. Sq Ft
Office/Apt Area:
1000 sq. ft. Sq Ft
Depth:
120'36.6 m
Frontage:
17'5.18 m
Lot Details:
17.00 x 120.00 Feet
Bathrooms:
2.0
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Cooling:
No
Garage:
None
Parking Spaces:
0
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$8,749.88 /
2025
Assessment:
$- /
-
Toronto W03
Caledonia-Fairbank
Toronto
No
All chattels and fixtures including 16 commercial dryers, 20 washers, change machine, vending machine, security system, fridge, stove, 3 AC units, coin sorting machine, two water tanks, air compressor. Please contact LA for list of items included/excluded.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.