Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

190 Simcoe Avenue, Georgina, ON L4P 2H7 (Church Street & The Queensway)
$ 99000 - MLS : N12282367

From Our Gallery

Description

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 9 operating washers and 10 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.

Location Description

Church Street & The Queensway

Property Detail

Community: Keswick North
Property Type: Owner/Commercial
Garages: None
Annual Property Taxes : $ 9096.47

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Gas Forced Air Open
Sewer : Sanitary+Storm ,

Listing Contracted With: ROYAL LEPAGE YOUR COMMUNITY REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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