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For saleMLS® C13708382

150 Kenwood Avenue, Toronto, ON M6C 2S3

Humewood-Cedarvale · C03 · M6C 2S3

$500,000

2 months on market

0

What's special

  • Outside/surface garage
  • Yes

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About this property

Opportunities to acquire a modernized, dual-brand cash flow asset with a 40-year operating history rarely enter the Toronto market. A highly coveted, turnkey acquisition that seamlessly bridges traditional retail stability with explosive e-commerce growth. Facilities featuring a dedicated 8-car parking lot in this high-density urban corridor are exceptionally scarce, providing an unreplicable logistical moat for the brand's rapidly scaling pickup and delivery service. Strategically nestled in a safe, high-density neighborhood filled with older low-rise apartments lacking proper laundry facilities, it easily captures a captive local audience. This location is perfectly positioned close to affluent neighborhoods like Forest Hill and Lawrence Park, driving high demand for premium services. This is an omnichannel model generating diversified, recession-resistant revenue. Income streams include self-serve, in-store wash & fold, pickup & delivery wash & fold, recurring commercial B2B contracts, dry cleaning, retail and vending. A custom-designed e-commerce platform with Stripe integration seamlessly manages delivery logistics, offering massive expansion capabilities. The operation is fully modernized with two websites, good Google ratings, and social media presence. The pristine facility is equipped with Huebsch, Wascomat, and Dexter machines. This operation is primed for an investor. The seller is committed to your success, offering training and consulting for a flawless transition. Step into a lucrative enterprise today before this unique asset is claimed!

Property details

Property

Property type
business
Zoning
RM(f12;u2;d0.8*249), RM(f12;u2;d0.8*252)
Possession
TBD

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Outside/Surface

Costs

List price
$500,000
Rental items
To be verified. Buyer to assume any rental or service contracts, if applicable, subject to the terms of the Agreement of Purchase and Sale.

Listing

MLS® number
C13708382
Status
For sale
Listed
August 24, 2026
Days on market
72
Last updated
October 31, 2026
Listing brokerage
HOMELIFE/BAYVIEW REALTY INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 95% of comparable business for sale listings in Toronto are asking less.

$55KMedian $149K$399K

Based on 96 comparable active business for sale listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $25,000
$25,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,626.36
Estimated monthly
$2,626

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$6,475
Toronto municipal
$6,475
Total due on closing
$12,950

An estimate on the asking price of $500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMELIFE/BAYVIEW REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$500,000

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Comparable sales nearby

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Nearby sold prices are hidden

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