Photo of 111 Rainsford RoadJust Listed
$1,199,000
111 Rainsford Road
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!
| MLS® Number | E12944150 |
| Status |
| Active |
| Listing Type | For Sale |
| Property Type | Commercial |
| Interior Size | 1,850 sq ft |
| Beds / Baths | 0 bed · 0 bath |
| City | The Beaches / Upper Beaches |
| Postal Code | M4L 2C2 |
| Province | ON |
| Listed Date | April 1, 2026 |
| Days on Market | 61 |
| Price per Sq Ft | $594 |
| Brokerage | CENTURY 21 LEADING EDGE REALTY INC. |
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