$1,099,000
1935 GERRARD STREET E
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Type
Retail
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Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Woodbine Corridor). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Fantastic investment available for the first time in 40+ years. Main level boasts a turnkey coin laundry business with an established customer base and steady income. Includes: 17 washers, 16 dryers, 2 change machines, and 2 soap dispensers. Basement office/storage space and 3 piece bath. All coin laundry mechanicals owned. Upper level contains 2 one bedroom apartments, currently tenanted. Apartments are separately metered, tenant pays own utilities. 2 private parking spaces accessible through rear laneway. Steps to transit and shopping. Owner to install 2 brand new boilers (25K value), brand new roof installed in 2021, current site manager handles daily business operations and is willing to stay. Great opportunity for anyone seeking an investment to provide passive income. Offers Anytime! (id:65958)
- Subtype
- Retail
- Structure
- Residential Commercial Mix
- Community
- Woodbine Corridor
- Living area
- 1,850 square feet
- Lot dimensions
- 20.41 x 97 FT
- On market
- Apr 1, 2026
- Status changed
- Apr 21, 2026
- Annual tax
- $12,811.17
- Zoning
- CR2(c0.5;r2)*1722)
- Photos
- 17
- MLS#
- E12944150
- Area
- TORONTO_(WOODBINE_CORRIDOR)
Features and systems
Appliances
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Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.