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Coin Laundry
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257 george Street

Wellington North, ON N0G 1A0

ActiveFor Sale
0 Beds
0 Baths
Commercial

About This Property

Amazing Investment Opportunity! This mixed-use property features seven (7) refreshed residential units and a main floor commercial space that is already leased out to a Restaurant (restaurant business not included in sale), ensuring immediate rental income. A bottle and can return business contracted with the Beer Store adds another steady revenue stream. Recent upgrades include a new roof (2023), newer windows (2020/2023), front aluminum fascia (2023), new electrical on the upper floor (2023), and updated fire alarms (2023). The upper floor has been enhanced with new tiles and luxury waterproof vinyl flooring, while kitchens have been modernized with updated cabinets, quartz countertops, and quartz backsplash. Bathrooms have also been updated, providing a fresh and stylish finish throughout. Additional features include Wi-Fi extenders, security cameras, and exterior lighting for safety and convenience. The property also offers ample parking at the rear for both tenants and customers, as well as an on-site coin laundry and dryer. With multiple income streams and significant recent capital improvements, this property is a true turn-key investment you wont want to miss!

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Bedrooms0
Bathrooms0
Postal CodeN0G 1A0
Last UpdatedAug 8, 2026 · 6:31 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12435379

Listed by RE/MAX EXCELLENCE REAL ESTATE

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$2,499,900

asking price

MLS®X12435379
TypeCommercial
CityWellington North
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$12,207

/month · $1,999,920 mortgage

Down Payment20% — $499,980
Interest Rate5.5%

Amortization

Total Interest

$1,662,282

Total Cost

$3,662,202

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

RE/MAX EXCELLENCE REAL ESTATE