Downtown Toronto corner property available with very successful laundromat on main level and recently renovated 2-bedroom apartment on 2nd level. The business is owned and operated by the owner of building, and produces excellent cash flow with very minimal work involved and a 15-year history.

24 washers (double/triple/quadruple loads) and 22 dryers. Automated business operating 24hrs. Machines are low maintenance, and this business is mostly hands-off.

The upstairs residential unit is a 1,000 sq ft 2 bedrooms with a back patio/deck. Currently being renovated before being leased at approximately $1,800 rent plus utilities. All utilities have separate meters for retail and res units. Parking for 4.

345 Dundas Street East is located in Cabbagetown South in downtown Toronto. The 20 x 82.5 lot is located at the south-west corner of Dundas and Seaton Street and offers excellent visibility from both streets.

Boulevard parking for 4 cars is available and utilized by the owners and tenants.

Property Details: The roof was replaced 8 years ago and is in excellent condition. There are separate utilities meters for hydro, water, and gas for both units as well as two separate water heaters to avoid shortages.

200 amp electrical service means that the machines can all be going without any shortage issues. Water is brought in via a 1 1/2” copper supply line.

Security cameras, time lock entry door, and a security alarm system are all active in the retail business unit.