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190 Simcoe Avenue

190 Simcoe Avenue

Georgina, ON

  • Sale Of Business
  • 414 days on market
$99,000

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

Walk Score is unavailable for this address right now.

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.

R

Reita | Assistant

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