haho.ca
$1,388,888
For sale

2570 Yonge Street, Toronto (Lawrence Park South) - Business for Sale

2570 Yonge Street, Toronto (Lawrence Park South), Ontario, M4P2J3

Listed 12 days ago
Overview

This business in Toronto is for sale. It has been on the market 12 days, fresher than the Toronto average of 40 days.

Description

Exceptional opportunity to acquire an established, turnkey medical aesthetics business in a highly desirable Toronto location. Beautifully appointed and fully equipped, featuring multiple treatment rooms, substantial leasehold improvements and an extensive selection of professional aesthetic equipment and technology. Sale includes equipment, furnishings, chattels, goodwill and applicable intellectual property/trademark rights, as outlined in the Seller's asset schedule. Ideal opportunity for an experienced operator, medical aesthetics professional or entrepreneur looking to acquire an established operation without the significant cost and time associated with building from the ground up. Landlord is prepared to consider a new lease with a qualified purchaser, subject to approval and mutually acceptable terms. Confidential sale. Business name, exact location and additional information available to qualified purchasers upon execution of a confidentiality agreement. Please do not approach the business or staff directly (id:66096)

Property Details

MLS®
C14113140
Property Type
Business
Business Type
Personal Services
Zoning
Commercial
Frontage
17 ft
Heating
Baseboard heaters, Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$28,753/yr
Listed
12 days ago

Features

Appliances
Furniture

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
12d
Toronto (Lawrence Park South) listings, avg age
40d
List price
$1.39M

Active: 12 days on market, against an average age of 40 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 (Lawrence Park South) has been listed for 12 days, which is 28 days fresher than the city average of 40. Act while there is still low competition.

Listed by RE/MAX REALTY SERVICES INC. · FEEFA KHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4P)

This home lists at $1,388,888, about 18.6× the local median household income of $74,500.

Carrying it typically needs a household income of about $271,298 (20% down, 25-yr amortization, stress-tested) — roughly 264% above the area median.

Median household income
$74,500
Population
25,057
Median age
36.8
Owner / renter
26% / 75%
Avg. household size
1.8

Source: Statistics Canada, 2021 Census (FSA M4P)

$1,388,888
For sale

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Financing

Buying this business?

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$1,388,888

Toronto

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