1754 Dundas Street, London East (East H) - Business for Sale
1754 Dundas Street, London East (East H), Ontario, N5W3E2
This business in London East is for sale offering roughly 4,135 sq ft of space. It has been on the market 50 days, fresher than the London East average of 68 days.
Description
Very successful and highly desirable Car Wash business with property for sale This established AUTO SPA CAR WASH features eight self-serve bays (includes one truck bay), multiple vacuums with coin and tap-to-pay debit options. Located in the 1700 block of Dundas, with additional access from Kathleen Street. The 0.88-acre site includes approximately 12,197 square feet (0.28 acres) of excess land with potential for future development along Dundas Street. Operating 24/7 and considered one of the area's oldest car washes, the business has earned a strong reputation and a loyal customer base. The building and equipment have been well maintained and regularly updated, including replacement of the concrete flooring and divider walls. Key advantages include steady daily traffic, consistent year-over-year growth, strong profit margins and no franchise fees. This is a rare chance to acquire a proven, income-generating business with an established presence and room to grow. (id:66096)
Property Details
- MLS®
- X13785198
- Property Type
- Business
- Business Type
- Automobile
- Zoning
- ASA1,2,3,5
- Interior Size
- 4,135 ft²
- Lot Size
- 38,333 sq ft (0.88 ac)
- Frontage
- 132 ft
- Heating
- Other
- Cooling
- None
- Garage
- Other
- Property Tax
- $16,150.97/yr
- Listed
- 50 days ago
Features
- Lot Features
- Irregular lot size
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 50 days on market, against an average age of 68 days across the listings currently for sale in this city
This business in London East (East H) has been listed for 50 days, which is 18 days fresher than the city average of 68. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N5W)
This home lists at $1,799,500, about 27.9× the local median household income of $64,500.
Carrying it typically needs a household income of about $351,505 (20% down, 25-yr amortization, stress-tested) — roughly 445% above the area median.
- Median household income
- $64,500
- Population
- 24,740
- Median age
- 40.4
- Owner / renter
- 59% / 41%
- Avg. household size
- 2.1
Source: Statistics Canada, 2021 Census (FSA N5W)
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$1,799,500
London East