$ 550,000
306 Kerr Street
306 Kerr Street, Oakville, ON L6K3B5 Photo 1
37 Photos
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306 Kerr Street, Oakville

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! (id:1945)
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Property details for 306 Kerr Street, Oakville

Type
Commercial
Living Area
2,100 square feet
Lot Size
2100
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Annual Taxes
$2,100 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 306 Kerr Street

Active Listings
235
Min Price
$1
Max Price
$23,980,000
Avg Price
$2,708,545
Days on Market
81
days
Sold Listings
70
Min Sold Price
$50,000
Max Sold Price
$13,995,000
Avg Sold Price
$2,217,905
Days until Sold
61
days

Neighbourhood Census Data

Oakville, Ontario

Population
433
Median Age
42.8
Median Income
$25,792
Dwelling Value
$599,787

Housing Tenure

Owners 27%
Renters 73%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.1
Pop. Density: 6,107.2/km²
Avg Shelter Cost: $1,597/mo
Owners with Mortgage: 66.7%
Owners Spending 30%+: 36.4%
Tenants Spending 30%+: 57.6%
English only: 87.4%
English and French: 9.2%
Neither: 3.4%
Median Household Income: $43,392
Median Employment Income: $27,904

Price History

Listed
October 27, 2026
by ROYAL LEPAGE SIGNATURE REALTY
Current Price
$550,000
Type
Commercial
For Sale
306 Kerr Street

Contact Agent Get in touch about 306 Kerr Street, Oakville

ANNIE NGUYEN
ANNIE NGUYEN
ROYAL LEPAGE SIGNATURE REALTY

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