Rare Mixed-Use Investment Opportunity Turnkey Income Generator!Step into a prime investment with this exceptional two-storey mixed-use building, perfectly situated and built for long-term income stability. This well maintained property features a well-established coin laundromat on the main floor, operating for over two decades and known in the community for its reliability and steady foot traffic. Upstairs, enjoy additional income from a bright and spacious 2-bedroom residential unit, currently leased to AAA tenants at $2,249/month. This modern apartment offers comfort, charm, and consistent rental cash flow.With a strong tenant profile, established business income, and an impressive cap rate, this property checks all the boxes for seasoned investors and those entering the commercial/residential market. Don't miss this rare opportunity to own a stable, dual-income property with proven performance. Whether you're an investor seeking cash flow or a business owner looking for live/work potential, this asset delivers. Owner is retiring and seeking the next owner for this gem of an investment! (id:59911)
MLS® Number | W12107349 |
Property Type | Retail |
Neigbourhood | Oakwood Village |
Community Name | Caledonia-Fairbank |
Bathroom Total | 2 |
Appliances | Dryer, Alarm System, Stove, Washer, Refrigerator |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Interior | 2,000 Ft2 |
Type | Residential Commercial Mix |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 120 Ft |
Size Frontage | 17 Ft |
Size Irregular | 17 X 120 Ft |
Size Total Text | 17 X 120 Ft |
Zoning Description | Commercial |
Ricky Sethi
Salesperson
(905) 565-9200
(905) 565-6677
www.rightathomerealty.com/