306 Kerr Street, Oakville, ON L6K 3B5
Central · L6K 3B5
$550,000
$262 / sq ft1 weeks on market
- Total area
- 2,100 sf
What's special
- Yes
About this property
Rarely available !!!Incredible turn-key business opportunity! Own a highly profitable, well-established coin laundry business that has been successfully owner-operated for over 10 years. The current owner is looking to retire and is generously willing to stay on for 1 to 2 months to provide comprehensive training, ensuring a seamless and confident transition for the new operator. Operating daily from 8AM-8PM, this business is situated in a fantastic, bright, and exceptionally spacious commercial space featuring very high ceilings and an inviting atmosphere. The operations are highly efficient and low-overhead, requiring only 1 employee to easily manage the coin laundry, wash-and-fold services, and the dry-cleaning depot. There isalso excellent growth potential and extra space to add a profitable alteration business if desired.The facility is fully equipped with 27 washers and 25 dryers-all premium, durable, brand-name machines that have been meticulously maintained and kept in spotless condition. The smart layout includes a private office, a dedicated rest area for staff, and 2 separate washrooms (1for customer use and 1 private washroom for employees).Unbeatable long-term stability with 11 years remaining on the lease! Highly competitive rent is just $5,750.23 per month, includes TMI and taxes. The property also features 6 dedicated parking spots for customers and staff. Please note the basement space is shared with the landlord strictly for maintenance access to the furnace room.Don't miss out on this rare, time-tested, high-income asset. Turn the key and start generatingexcellent income on day one!
Property details
Property
- Property type
- business
- Interior size
- 2,100 sq ft
- Zoning
- Commercial
- Possession
- Flexible
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Sewer
- Sanitary
Costs
- List price
- $550,000
- Property taxes
- $2,100 / year (2026)
- Price per sq ft
- $262
Listing
- MLS® number
- W14121120
- Status
- For sale
- Listed
- October 27, 2026
- Days on market
- 9
- Last updated
- November 4, 2026
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Price & sale history
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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 94% of comparable business for sale listings in Oakville are asking less.
- This home
- $262 / sq ft
- Comparable median
- $141 / sq ft
Based on 35 comparable active business for sale listings in Oakville. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $2,875.17
- Property tax (est.)
- $175.00
- Estimated monthly
- $3,050
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
- $7,475
- Total due on closing
- $7,475
An estimate on the asking price of $550,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
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