150 Kenwood Avenue, Toronto (Humewood-Cedarvale) - Business for Sale
150 Kenwood Avenue, Toronto (Humewood-Cedarvale), Ontario, M6C2S3
Description
Opportunities to acquire a modernized, dual-brand cash flow asset with a 40-year operating history rarely enter the Toronto market. A highly coveted, turnkey acquisition that seamlessly bridges traditional retail stability with explosive e-commerce growth. Facilities featuring a dedicated 8-car parking lot in this high-density urban corridor are exceptionally scarce, providing an unreplicable logistical moat for the brand's rapidly scaling pickup and delivery service. Strategically nestled in a safe, high-density neighborhood filled with older low-rise apartments lacking proper laundry facilities, it easily captures a captive local audience. This location is perfectly positioned close to affluent neighborhoods like Forest Hill and Lawrence Park, driving high demand for premium services. This is an omnichannel model generating diversified, recession-resistant revenue. Income streams include self-serve, in-store wash & fold, pickup & delivery wash & fold, recurring commercial B2B contracts, dry cleaning, retail and vending. A custom-designed e-commerce platform with Stripe integration seamlessly manages delivery logistics, offering massive expansion capabilities. The operation is fully modernized with two websites, good Google ratings, and social media presence. The pristine facility is equipped with Huebsch, Wascomat, and Dexter machines. This operation is primed for an investor. The seller is committed to your success, offering training and consulting for a flawless transition. Step into a lucrative enterprise today before this unique asset is claimed! (id:66096)
Property Details
- MLS®
- C13708382
- Property Type
- Business
- Business Type
- Special Purpose
- Zoning
- RM(f12;u2;d0.8*249), RM(f12;u2;d0.8*252)
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 72 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 72 days on market, against an average age of 39 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (Humewood-Cedarvale) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M6C)
This home lists at $500,000, about 5.5× the local median household income of $91,000.
Carrying it typically needs a household income of about $97,668 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.
- Median household income
- $91,000
- Population
- 23,997
- Median age
- 40.4
- Owner / renter
- 50% / 50%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA M6C)
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$500,000
Toronto