318 Harbord Street, Toronto (Palmerston-Little Italy) - Business for Sale
318 Harbord Street, Toronto (Palmerston-Little Italy), Ontario, M6G1H1
Description
Well-established unattended coin laundromat featuring 19 washers and 16 dryers. Easy-to-manage business with low operating requirements and stable recurring income. The property also includes a basement with a washroom, providing additional storage and operational convenience. Recent upgrades include a new HVAC and venting system, as well as upgraded gas lines, enhancing the efficiency and reliability of the operation. Excellent opportunity to increase revenue by introducing wash & fold, pickup & delivery, and commercial laundry services. Turnkey business with strong growth potential in a high-density residential neighborhood. (id:66096)
Property Details
- MLS®
- C13622286
- Property Type
- Business
- Business Type
- Special Purpose
- Zoning
- CR1.5(c0.5;r1.5)*1722), R(d0.6*735)
- Frontage
- 25 ft
- Heating
- Forced air, Natural gas
- Cooling
- None
- Property Tax
- $12,665/yr
- Listed
- 97 days ago
Features
- Appliances
- Washer, Dryer, Water Heater
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 97 days on market, against an average age of 55 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 (Palmerston-Little Italy) 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 (M6G)
This home lists at $308,000, about 3.4× the local median household income of $91,000.
Carrying it typically needs a household income of about $60,163 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $91,000
- Population
- 30,600
- Median age
- 39.6
- Owner / renter
- 49% / 51%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA M6G)
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$308,000
Toronto