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.

41 Rymal Road E, Hamilton, ON L9B 1B9

Sale Of Business
$399,888

Turnkey 6-bay self-serve coin-operated car wash in Hamilton's mountain residential corridor - business and equipment sale only. Real estate is not included and is separately listed at $1,599,888. All major equipment was installed new in 2024 by NCS Mondo Products Co. Ltd., one of Canada's premier car wash suppliers. This is not a tired operation needing capital - the bays, plumbing, chemical delivery systems, electrical, LED lighting, payment terminals, and full surveillance system are brand new and under manufacturer warranty. The Tap+Wash cashless platform is active across all 6 bays, accepting credit, debit, contactless, and coin. A monthly membership/subscription feature is installed and ready to activate - zero additional hardware cost. Membership revenue represents pure upside for the incoming operator. Included: 3 premium JE Adams Ultra-Series vacuum stations (new 2024, carpet shampoo, 3-motor turbo, digital timer) plus 3 additional legacy vacuum units at rear. 21- camera HD surveillance system with 32-ch NVR and 20 TB of storage also included. 2025 revenue of $62,468 (CPA compiled) was achieved under part-time, first-time ownership navigating health challenges. Card settlements of $36,366 independently verified through Monex payment processor records. Business has never been operated at capacity - a focused owner operator has a clear path to significantly higher throughput without any additional capital outlay. Total project investment since 2023 exceeded $473,000 pre-HST. At the asking price is below replacement cost for the direct business assets alone. Flexible transaction structure: asset sale or clean share transfer with all liabilities cleared prior to closing.

MLS number
X13522044
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
Postal code
L9B 1B9
Photos
5
Property tax
$22,484 / year
72days · 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

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

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.

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
Helen Detwiler Junior Elementary School
Hamilton-Wentworth DSB
Elementary718 m6.1 / 10
61% met the standard
St. Marguerite d'Youville Catholic Elementary School
Hamilton-Wentworth CDSB
Elementary745 m6.9 / 10
69% met the standard
Corpus Christi Catholic Elementary School
Hamilton-Wentworth CDSB
Elementary833 m9.6 / 10
96% met the standard
Ray Lewis (Elementary) School
Hamilton-Wentworth DSB
Elementary1.5 km6.6 / 10
66% met the standard
James MacDonald Public School
Hamilton-Wentworth DSB
Elementary1.9 km5.7 / 10
57% met the standard
St. John Paul II Catholic Elementary School
Hamilton-Wentworth CDSB
Elementary1.5 km7.5 / 10
75% met the standard
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 1,978 people.

$122,000Median household income
90.9%Own their home
76.9%Detached houses
39.6Median age
39.2%Born outside Canada
31.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35250655 — the few blocks around this address, home to 1,978 people. It describes the area, not this property.

1,978Population
38.6Average age
3.3Household size
$134,000Average household income
$122,000Median household income
91%Own their home
9%Rent
7%Condominiums
39%Born outside Canada
31%University degree
$836,000Average home value
8%Low income
59%Not in the labour force
28%Never married
$15,000 to $19,9991%
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9994%
$90,000 to $99,9993%
$100,000 and over38%
$100,000 to $124,9998%
$125,000 to $149,9998%
$150,000 to $199,99911%
$200,000 and over11%

Percentages are of the 975 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.

$79,978 · minimum here is $19,994
$1,770.62per month
Borrowed before insurance$319,910
Total borrowed$319,910
Interest over 25 years at 4.5%$211,275

If you rented it out

-$3,644.28per month out of pocket
Rent$0.00
Everything it costs to hold$3,644.28
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.

Listed by RE/MAX GOLD REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.