
190 Simcoe Avenue
Georgina, ON
- Sale Of Business
- 414 days on market
Incredible opportunity to own a fully operational laundromat located in the heart of Keswick. Surrounded by a dense mix of residential homes, apartment buildings, and commercial businesses, this location benefits from steady foot traffic and a loyal clientele. This well-established business has been a staple in the community for over 30 years. Its profitability is driven by high-demand services including dry cleaning, wash-and-fold, and alterations. This is not a hands-off investment and requires an operator to manage day-to-day operations. The space was updated in 2023 with new tile flooring and fresh paint throughout, and it comes fully equipped with 10 operating washers and 12 operating dryers, all of which are owned outright with no rental equipment. There are three years remaining on the current lease, with the option for a new lease to be negotiated with the landlord. This is a fantastic opportunity for an owner-operator or entrepreneur looking to take over a reputable and profitable business with deep roots in the community.
Listing Details
- Taxes (2024)
- $9,096
- Listed
- July 14, 2025
Price History
Listing history
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Property
- Lot Size
- 19 x 57 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Church Street & The Queensway
- Zoning
- C1
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Dry Cleaning/Laundry
- Office / Apartment Area
- 0 Sq Ft
Included
- Inclusions
- 10 washing machines and 12 dryers
- Rental Items
- None
Community
Postal area L4P
- Population
- 29,861
- Private dwellings
- 11,365
- Median age
- 40.4
- Average household size
- 2.7
- Median household income
- $102,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Georgina · last 12 months
- Median sold price
- $780,000
- Homes sold
- 620
- Median days on market
- 23
- Sale-to-list price
- 96.8%
Based on 620 recorded sales of commercial properties in Georgina over the last 12 months.
Listed by
REMAX YOUR COMMUNITY REALTY
Walk Score
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Location
Street View
Commercial figures
- Annual property tax
- $9,096
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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