haho.ca
$490,000
$510,000For salePrice drop↓ $20,000 (4%)

4-775 Southdale Road East, London South (South Y) - Business for Sale

4-775 Southdale Road East, London South (South Y), Ontario, N6E2C6

1 bath1,230 ft²Listed 89 days ago
Overview

This business in London South is for sale offering roughly 1,230 sq ft of space.

Description

Coin Laundry Business - two locations! Southdale Coin Laundry & Belmont Coin Laundry Business for sale, in leased premises. Clean, bright and well established with long term clientele. Southdale Coin Laundry is aprox 1230sf in a plaza with restaurants & shops all with ample free parking. This location has 17 washers, 12 dryers, laundry carts, soap vending machine, change machine, 2pc washroom, ATM & leased Bitcoin ATM. Opportunity to have a wash & fold service (there was previously). Belmont Coin Laundry is aprox 820sf in a plaza with restaurants & businesses with ample free parking. This location has 14 washers, 15 dryers, laundry carts, 2 pc washroom (with code access), soap vending machine & change machine. Selling both together, a confidentiality form is required prior to financials & list of chattels being disclosed. Great opportunity to own your own business! (id:66096)

Property Details

MLS®
X13648706
Property Type
Business
Business Type
Special Purpose
Zoning
CSA2 & NSA1(1)/SS
Bathrooms
1
Interior Size
1,230 ft²
Frontage
28 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
89 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
89d
London South (South Y) listings, avg age
62d
Price / ft²
$398
List price
$490K

Long Listed: 89 days on market, against an average age of 62 days across the listings currently for sale in this city

Haho

This business in London South (South Y) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by ROYAL LEPAGE TRILAND REALTY · AINSLEE TRACEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6E)

This home lists at $490,000, about 6.5× the local median household income of $75,000.

Carrying it typically needs a household income of about $95,714 (20% down, 25-yr amortization, stress-tested) — roughly 28% above the area median.

Median household income
$75,000
Population
28,140
Median age
38
Owner / renter
69% / 31%
Avg. household size
2.7

Source: Statistics Canada, 2021 Census (FSA N6E)

$490,000· $398/ft²
For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

By requesting this showing you agree that haho.ca and the local agent who follows up may contact you about this and similar properties. Unsubscribe from any message.

Your details go only to the agent who follows up. No spam, unsubscribe anytime.

Financing

Buying this business?

Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.

Ask about acquisition financing →

No similar listings for sale right now.

$490,000

London South

Book a showing