Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

150 Kenwood Avenue, Toronto, ON M6C 2S3

Sale Of Business
$500,000

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!

MLS number
C13708382
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
Postal code
M6C 2S3
Photos
1
20days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Humewood Community School7.5 / 10
Elementary · Regular Track
TDSB boundary
Oakwood Collegiate Institute6.6 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Prime AcademySecondary687 mNot reported
St Michael's College SchoolElementary and secondary671 mNot reported
St Alphonsus Catholic School
Toronto CDSB
Elementary756 m7.4 / 10
74% met the standard
Robbins Hebrew AcademyElementary985 mNot reported
Yeshiva Torah TemimahSecondary1.1 kmNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 685 people.

$68,000Median household income
23.2%Own their home
14.3%Detached houses
39.2Median age
49.2%Born outside Canada
51.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35204537 — the few blocks around this address, home to 685 people. It describes the area, not this property.

685Population
39.4Average age
2.2Household size
$95,000Average household income
$68,000Median household income
23%Own their home
77%Rent
0%Condominiums
49%Born outside Canada
52%University degree
$1,440,000Average home value
14%Low income
29%Not in the labour force
44%Never married
Under $5,0001%
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9995%
$30,000 to $34,9995%
$35,000 to $39,9994%
$40,000 to $44,9994%
$45,000 to $49,9994%
$50,000 to $59,9996%
$60,000 to $69,9995%
$70,000 to $79,9997%
$80,000 to $89,9995%
$90,000 to $99,9995%
$100,000 and over22%
$100,000 to $124,9999%
$125,000 to $149,9994%
$150,000 to $199,9994%
$200,000 and over6%

Percentages are of the 405 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$100,000 · minimum here is $25,000
$2,213.89per month
Borrowed before insurance$400,000
Total borrowed$400,000
Interest over 25 years at 4.5%$264,168

If you rented it out

-$2,213.89per month out of pocket
Rent$0.00
Everything it costs to hold$2,213.89
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 5 still in progress.

146 VAUGHAN RD476 m
Under Review · applied June 24, 2026

Site Plan Control application to allow a 57.25-metre (17 storeys) mixed-use apartment building containing 110 residential units (including 6 affordable rental units) and a 59.6-square metre ground floor commercial-retail space.

City planning file →
95 RAGLAN AVE470 m
Under Review · applied September 16, 2021

Site Plan Approval application to facilitate the development of the site for a 26-storey residential building. The proposed residential gross floor area is 19124 square metres, and 225 residential dwelling units are proposed.

City planning file →
99 RAGLAN AVE458 m
Council Approved · applied August 17, 2021

Zoning By-law Amendment application to facilitate the development of the site for a 26-storey residential building atop a 6-storey podium element.

City planning file →
151 VAUGHAN RD477 m
Under Review · applied October 9, 2020

INACTIVE Current May/June 2024 proposal - 12-storey residential buidling containing 80 rental dwelling units (including 20 rental replacement units), 12 parking spaces and 85 bike parking spacesJan 2024 Proposal - 12-storey (40.6 metres including mechanical pe…

City planning file →
1641 BATHURST ST449 m
NOAC Issued · applied December 19, 2019

A Site Plan Control application to permit a 4 storey rental apartment building containing 75 units. The five existing 3-storey buildings on the site are proposed to be demolished and the existing 25 rental units will be replaced in the new development.…

City planning file →
146 VAUGHAN RD476 m
Closed · applied August 15, 2025

Original and Resubmission proposal (Unchanged): Zoning By-law Amendment application for a 17-storey mixed use purpose-built rental building containing 110 residential units (including 6 new affordable rental housing units), 60 square metres of ground floor com…

City planning file →
350 VAUGHAN RD474 m
Closed · applied December 22, 2020

A City Initiated Zoning By-law Amendment is being considered to allow the site to be redevelopment in two phases

City planning file →
1601 BATHURST ST288 m
Appeal Received · applied August 26, 2019

Site Plan Approval Application to facilitate the construction of an 8-storey rental apartment building containing 79 new residential units. 1601 Bathurst consists of an existing 4-storey apartment building to be demolished.

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by HOMELIFE/BAYVIEW REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.