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$1,499,900
Est. payment /mo
2 Baths
2,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $749
Subdivision Caledonia-Fairbank
MLS® Listing ID W12107349
Source Toronto Regional Real Estate Board
Property Description
Rare Mixed-Use Investment Opportunity Turnkey Income Generator!Step into a prime investment with this exceptional two-storey mixed-use building, perfectly situated and built for long-term income stability. This well maintained property features a well-established coin laundromat on the main floor, operating for over two decades and known in the community for its reliability and steady foot traffic. Upstairs, enjoy additional income from a bright and spacious 2-bedroom residential unit, currently leased to AAA tenants at $2,249/month. This modern apartment offers comfort, charm, and consistent rental cash flow.With a strong tenant profile, established business income, and an impressive cap rate, this property checks all the boxes for seasoned investors and those entering the commercial/residential market. Don't miss this rare opportunity to own a stable, dual-income property with proven performance. Whether you're an investor seeking cash flow or a business owner looking for live/work potential, this asset delivers. Owner is retiring and seeking the next owner for this gem of an investment! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Sanitary sewer
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Listed by RIGHT AT HOME REALTY