306 Kerr Street, Oakville, ON L6K 3B5
1002 - CO Central, Oakville · Near kerr st /speers rd · View map
About this home
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!
The home
- Type
- Sale of business
- Square footage
- 2100 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Driveway spaces
- 6
- Total parking
- 6
Taxes & other
- Property taxes
- $2,100/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- kerr st /speers rd
- Neighbourhood
- 1002 - CO Central
More
- MLS® number
- W14121120
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
306 Kerr Street, Oakville, ON L6K 3B5
1002 - CO Central, Oakville · Near kerr st /speers rd
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Listing history for 306 Kerr Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 306 Kerr Street
Answers come straight from this home’s MLS® listing.
How much is 306 Kerr Street listed for, and what would it cost each month?
306 Kerr Street is listed for $550,000. With 20% down ($110,000), the mortgage payment would be roughly $2,219 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,394 a month, all in. That figure is an illustration, not a quote.
Is 306 Kerr Street freehold or a condo, and is there a monthly fee?
306 Kerr Street is a sale of business in 1002 - CO Central, Oakville. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 306 Kerr Street have a garage and parking?
The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
What style of home is 306 Kerr Street?
306 Kerr Street is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 306 Kerr Street heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 306 Kerr Street?
Property taxes are $2,100 a year (2026), or about $175 a month.
Where is 306 Kerr Street?
306 Kerr Street is in the 1002 - CO Central community of Oakville. The nearest main intersection is kerr st /speers rd. The postal code is L6K 3B5.
Is 306 Kerr Street still for sale?
Yes. It is an active listing (MLS® W14121120). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 306 Kerr Street asking?
Similar properties for sale nearby right now include 8 - 1252 Speers Road at $539,000, 111 - 1075 North Service Road W at $573,500 and 109 - 2486 Old Bronte Road at $600,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 306 Kerr Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 306 Kerr Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 1002 - CO Central, picked by style, size and price.
Industrial$539,0008 - 1252 Speers Road, Oakville1 bath · 1014 - QE Queen ElizabethCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →
Office$573,500111 - 1075 North Service Road W, Oakville1014 - QE Queen ElizabethCourtesy of: CENTURY 21 KING`S QUAY REAL ESTATE INC.View home →
Commercial retail$600,000109 - 2486 Old Bronte Road, Oakville1019 - WM WestmountCourtesy of: RE/MAX WEST REALTY INC.View home →Courtesy of: ROYAL LEPAGE SIGNATURE REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.