$1,099,000
$594/sq ft · 21 days on market
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!
1935 GERRARD Street E
Closest publicly funded schools within 5 km · tap a row for EQAO breakdown
Source: Ontario Ministry of Education · EQAO scores 0–100 · straight-line distances
Nearest rapid transit and bus stops
Source: TTC GTFS · straight-line distances · routes shown are short names
93 within a 10-min walk · 422 within 20 min · click a card to see the closest ones
© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance
Listing provided by CENTURY 21 LEADING EDGE REALTY INC.
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Data last updated: April 21, 2026 at 04:57 p.m.