976 - 978 Albion Road
Toronto W10, ON
- 1 bath
- 2,150 sqft
- Sale Of Business
Yes, This Is The Laundromat You Or Your Client Were Waiting For. This Business Is Well Established For Over 30 years. This Is Completely Unattended, Open 24 Hours. 6 Washers Electrolux W5250 62 1b 6 Years, 8 Electrolux W5180N 451b 6 years, 2 Maytag Softmount 40 lb 7 years, 4 Washcomat W630 30 lb, 1 Washcomat 125 301b, 9 Washcomat Double Load 251b. 30 Dryer Pockets 7 Electolux Stacked 50 lb 6 Years, 8 ADC Stacked 30 lb All Dryers Are Gas Operated. Owned Water Heater Installed 4 Years Ago. Strong Sales Of 234,000 For The Year, Low Lease Cost $7108/Month Inclusive For 2150 Square Feet, Tenure Of The Lease 3 Years and 3 Options To Extend for 5 Years Each. Some Part Of The Premises Is Sub-Leased For $ 2000 Per Month Income To A Stable Business Tenant. Impressive EBITDA Of $ 118,104 For The Year. Owner Is Selling As He Is Retiring. Adequate Training And Education Shall Be Provided For Buyer's Guaranteed Success In This Venture. Large Space In The Basement For Storage And Currently Not Used.
Listing Details
- Listed
- September 11, 2026
Price History
Parking
- Garage
- Plaza
Utilities
- Sewer
- Sanitary+Storm Available
Location & Legal
- Cross Street
- Albion/Islington
- Zoning
- Commercial
- Possession
- 30-59 days
- Occupancy
- Tenant
Commercial
- Business Type
- Coin Laundromat
Included
- Inclusions
- All Equipment and Chattels
- Exclusions
- Seller's Personal Belongings
Community
Postal area M9V
- Population
- 53,878
- Private dwellings
- 17,463
- Median age
- 37.2
- Average household size
- 3.2
- Median household income
- $82,000
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 Toronto W10 · last 12 months
- Median sold price
- $800,000
- Homes sold
- 410
- Median days on market
- 25
- Sale-to-list price
- 97.9%
Based on 410 recorded sales of commercial properties in Toronto W10 over the last 12 months.
Listed by
HOMELIFE/MIRACLE REALTY LTD
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,150 sq ft
- Price per sq ft
- $244.19
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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