2891 Jane Street, Toronto (Glenfield-Jane Heights) - Business for Sale
2891 Jane Street, Toronto (Glenfield-Jane Heights), Ontario, M3N2J5
This business in Toronto is for sale offering roughly 2,600 sq ft of space.
Description
Well, It established Coin Laundry With Many Retail Stores Nearby. one of the best coin laundries in this area. 45 washers & 48 Dryers, Laundry Supplies Shop, 3 coin changers, soap dispensers, large-size vending machines, TVs, Cameras, chairs to sit & relax & Much more, fully Attendant with W/F & Dry clean Business. Lease 10+5 Years Option. Gross Yearly Sales Approx $300,000, Expenses $160,000, Net Profit$140,000 Guaranteed per month. Rent Including (Base rent+ TMI+ HST+ Water). Possibility to increase sales by adding OLG. Security cameras with monitoring recording are fully automatic and open/close. This business enjoys a prime location surrounded by high-traffic amenities, with a TTC streetcar and subway access nearby (id:66096)
Property Details
- MLS®
- W13686618
- Property Type
- Business
- Business Type
- Special Purpose
- Zoning
- Commercial
- Interior Size
- 2,600 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 79 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 79 days on market, against an average age of 62 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 (Glenfield-Jane Heights) 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 (M3N)
This home lists at $649,990, about 9.8× the local median household income of $66,500.
Carrying it typically needs a household income of about $126,966 (20% down, 25-yr amortization, stress-tested) — roughly 91% above the area median.
- Median household income
- $66,500
- Population
- 40,846
- Median age
- 38
- Owner / renter
- 37% / 63%
- Avg. household size
- 3
Source: Statistics Canada, 2021 Census (FSA M3N)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
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 →
$649,990
Toronto