1173 Queen Street East, Toronto (South Riverdale) - Business for Sale
1173 Queen Street East, Toronto (South Riverdale), Ontario, M4M1L5
Description
EXCEPTIONAL TURNKEY SALON IN A PRIME, HIGH TRAFFIC QUEEN STREET EAST LOCATION. STRONG FINANCIAL PERFORMANCE WITH ANNUAL GROSS REVENUE OF APPROXIMATELY $550,000 TO $600,000 CURRENTLY OPERATED BY JUST THREE ACTIVE STYLISTS, OFFERING SIGNIFICANT OPPORTUNITY FOR GROWTH MAIN LEVEL ACCOMMODATES UP TO FIVE HAIR STYLISTS PLUS A DEDICATED NAIL TECHNICIAN STATION LOWER LEVEL FEATURES TWO PRIVATE BEAUTY ROOMS IDEAL FOR ESTHETICS, LASH SERVICES, OR MASSAGE THERAPY BRAND NEW PURPOSE BUILT SPRAY TAN ROOM WITH A PRIVATE SHOWER LOW MONTHLY RENT OF ONLY $4,400.00. TENANT PAYS ONLY HYDRO AND INTERNET ONE DEDICATED REAR PARKING SPACE INCLUDED (id:66096)
Property Details
- MLS®
- E13716226
- Property Type
- Business
- Business Type
- Personal Services
- Zoning
- COMM
- Lot Size
- 18 × 100 ft (1,775 sq ft)
- Frontage
- 18 ft
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Listed
- 70 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 70 days on market, against an average age of 47 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (South Riverdale) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M4M)
This home lists at $149,000, about 1.5× the local median household income of $99,000.
Carrying it typically needs a household income of about $29,105 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $99,000
- Population
- 25,052
- Median age
- 38.8
- Owner / renter
- 56% / 44%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA M4M)
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$149,000
Toronto