$510,000
For sale: Other

Coin Laundry Business - two locations! Southdale Coin Laundry & Belmont Coin Laundry Business for sale, in leased premises. Clean, bright and well established with long term clientele. Southdale Coin Laundry is aprox 1230sf in a plaza with restaurants & shops all with ample free parking. This location has 17 washers, 12 dryers, laundry carts, soap vending machine, change machine, 2pc washroom, ATM & leased Bitcoin ATM. Opportunity to have a wash & fold service (there was previously). Belmont Coin Laundry is aprox 820sf in a plaza with restaurants & businesses with ample free parking. This location has 14 washers, 15 dryers, laundry carts, 2 pc washroom (with code access), soap vending machine & change machine. Selling both together, a confidentiality form is required prior to financials & list of chattels being disclosed. Great opportunity to own your own business!
Sold data
Other homes in London South (South Y) took a median of 21 days to sell over the last 730 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 62, across 31 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $575,000.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 31 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London South (South Y) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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