190 Simcoe Avenue, Georgina, ON L4P 2H7
$99,000
$99,000
MLS®#:
N12282367
Property Type:
Sale Of Business
Property Style:
Area:
York
Community:
Keswick North
Taxes:
$9,096.47 / 2024
Added:
July 14 2025
Lot Frontage:
19
Lot Depth:
57
Status:
Active
Outside:
Year Built:
Brokerage:
REMAX YOUR COMMUNITY REALTY
Lot :

57

19

Intersection:
Church Street & The Queensway
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Open
Heating Fuel:

Listing Details

Incredible opportunity to own a fully operational laundromat located in the heart of Keswick. Surrounded by a dense mix of residential homes, apartment buildings, and commercial businesses, this location benefits from steady foot traffic and a loyal clientele. This well-established business has been a staple in the community for over 30 years. Its profitability is driven by high-demand services including dry cleaning, wash-and-fold, and alterations. This is not a hands-off investment and requires an operator to manage day-to-day operations. The space was updated in 2023 with new tile flooring and fresh paint throughout, and it comes fully equipped with 10 operating washers and 12 operating dryers, all of which are owned outright with no rental equipment. There are three years remaining on the current lease, with the option for a new lease to be negotiated with the landlord. This is a fantastic opportunity for an owner-operator or entrepreneur looking to take over a reputable and profitable business with deep roots in the community.

10 washing machines and 12 dryers

Insights

  1. Established Business with Loyal Clientele: This laundromat has been a staple in the Keswick community for over 30 years, ensuring a steady stream of customers and a strong reputation.
  2. Fully Equipped and Recently Updated: The property comes with 9 washers and 10 dryers, all owned outright, and has been recently updated with new tile flooring and fresh paint, minimizing immediate capital expenditures for the buyer.
  3. Flexible Lease Options: With three years remaining on the current lease and the potential for negotiation on a new lease, buyers have the opportunity to secure a long-term investment in a prime location.

Neighborhood Overview

Complete neighborhood profile for 190 Simcoe Avenue

Keswick North home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Keswick North
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)