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$60,000
$130,000For salePrice drop↓ $70,000 (54%)

1883 Queen Street East, Toronto (The Beaches) - Business for Sale

1883 Queen Street East, Toronto (The Beaches), Ontario, M4L1H3

1,300 ft²Listed 146 days ago
Overview

This business in Toronto is for sale offering roughly 1,300 sq ft of space.

Description

Step into a rare opportunity to own a luxury, fully renovated nail salon located in the heart like atmosphere that keeps clients coming back. Positioned in a prime location with heavy foot traffic year-round, it attracts both loyal locals and steady walk-ins. The business is already well-established and busy, making it an ideal turnkey opportunity for anyone looking to step into a thriving beauty business in one of the city's most sought-after communities. Sellers are ready to pass this successful operation to the next owner. Employees are willing to stay to help the new owners to operate the business together. 800Sq. Ft. with 500 Sq Ft of Basement Included which is a total of 1300 Sq Ft. Steps From The TTC. 10 Minute Drive To Downtown And The DVP. Water is included in the monthly rent. (id:66096)

Property Details

MLS®
E13434378
Property Type
Business
Business Type
Personal Services
Zoning
Retail
Interior Size
1,300 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
146 days ago

Features

Appliances
Washer, Dryer, Microwave, Alarm System, Furniture

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
146d
Toronto (The Beaches) listings, avg age
48d
Price / ft²
$46
List price
$60K

Long Listed: 146 days on market, against an average age of 48 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.

Haho

This business in Toronto (The Beaches) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by RE/MAX EXCEL REALTY LTD. · EVAN TONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4L)

This home lists at $60,000, about 0.6× the local median household income of $101,000.

Carrying it typically needs a household income of about $11,720 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$101,000
Population
32,218
Median age
40.8
Owner / renter
61% / 39%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA M4L)

$60,000· $46/ft²
For sale

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Financing

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$60,000

Toronto

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