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Rocky Li

Realtor
Dream Home Realty Inc., Brokerage Cell: 416-567-3688Office: 905-604-6855

$550,000
Available - For Sale
Listing ID: W14121120
306 Kerr Street , Oakville, L6K 3B5, Halton


Rarely available !!!Incredible turn-key business opportunity! Own a highly profitable, well-established coin laundry business that has been successfully owner-operated for over 10 years. The current owner is looking to retire and is generously willing to stay on for 1 to 2 months to provide comprehensive training, ensuring a seamless and confident transition for the new operator. Operating daily from 8AM-8PM, this business is situated in a fantastic, bright, and exceptionally spacious commercial space featuring very high ceilings and an inviting atmosphere. The operations are highly efficient and low-overhead, requiring only 1 employee to easily manage the coin laundry, wash-and-fold services, and the dry-cleaning depot. There isalso excellent growth potential and extra space to add a profitable alteration business if desired.The facility is fully equipped with 27 washers and 25 dryers-all premium, durable, brand-name machines that have been meticulously maintained and kept in spotless condition. The smart layout includes a private office, a dedicated rest area for staff, and 2 separate washrooms (1for customer use and 1 private washroom for employees).Unbeatable long-term stability with 11 years remaining on the lease! Highly competitive rent is just $5,750.23 per month, includes TMI and taxes. The property also features 6 dedicated parking spots for customers and staff. Please note the basement space is shared with the landlord strictly for maintenance access to the furnace room.Don't miss out on this rare, time-tested, high-income asset. Turn the key and start generatingexcellent income on day one!
Price $550,000
Taxes: $2100.00
Tax Type: Annual
Assessment Year: 2025
Occupancy: Owner
Address: 306 Kerr Street , Oakville, L6K 3B5, Halton
Postal Code: L6K 3B5
Province/State: Halton
Directions/Cross Streets: kerr st /speers rd
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 0
Washroom Type 17 0
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 0
Washroom Type 22 0
Washroom Type 23 0
Washroom Type 24 0
Washroom Type 25 0
Washroom Type 26 0
Washroom Type 27 0
Washroom Type 28 0
Washroom Type 29 0
Washroom Type 30 0
Washroom Type 31 0
Washroom Type 32 0
Washroom Type 33 0
Washroom Type 34 0
Washroom Type 35 0
Washroom Type 36 0
Washroom Type 37 0
Washroom Type 38 0
Washroom Type 39 0
Washroom Type 40 0
Washroom Type 41 0
Washroom Type 42 0
Washroom Type 43 0
Washroom Type 44 0
Washroom Type 45 0
Washroom Type 46 0
Washroom Type 47 0
Washroom Type 48 0
Washroom Type 49 0
Washroom Type 50 0
Category: Without Property
Use: Coin Laundromat
Building Percentage: F
Total Area: 2100.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Business/Building Name: Bluecoin Laundry
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: 8AM-8PM
Employees #: 1
Seats: 0
Sprinklers: No
Washrooms: 0
Rail: N
Clear Height Feet: 12
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY
Personal Picture
Rocky Li
Realtor
Dir:
416-567-3688
Bus:
905-604-6855
 
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At a Glance:
Type: Com - Sale Of Business
Area: Halton
Municipality: Oakville
Neighbourhood: 1002 - CO Central
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $2,100
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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