$308,000
For sale: Other

Well-established unattended coin laundromat featuring 19 washers and 16 dryers. Easy-to-manage business with low operating requirements and stable recurring income. The property also includes a basement with a washroom, providing additional storage and operational convenience. Recent upgrades include a new HVAC and venting system, as well as upgraded gas lines, enhancing the efficiency and reliability of the operation. Excellent opportunity to increase revenue by introducing wash & fold, pickup & delivery, and commercial laundry services. Turnkey business with strong growth potential in a high-density residential neighborhood.
Sold data
Other homes in Toronto (Palmerston-Little Italy) took a median of 36 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 89, across 32 recorded sales.
The median sale price was $67,500.
Homes sold for about 8.2% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 32 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Palmerston-Little Italy) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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