#2N 26 Bellair Street, Toronto (Annex) - Business for Sale
#2N 26 Bellair Street, Toronto (Annex), Ontario, M5R2C7
This business in Toronto is for sale offering roughly 850 sq ft of space.
Description
Excellent opportunity to acquire a well-established Medical Cosmetic Clinic in the heart of prestigious Yorkville. Approx. 850 sq. ft. featuring 3 fully equipped treatment rooms in a modern, professionally designed space. Established for 5 years with approximately 2,000 active clients and annual gross sales of approximately $570,000 (financials available for qualified buyers). Stable operation with strong cash flow and significant potential for further growth through expanded services and membership programs. Fully staffed with 6 employees, with all treatment staff working on a commission basis (except receptionist), providing a flexible and efficient operating model. Monthly rent is approximately $10,000 including TMI, HST, hydro, water and gas. Over $400,000 invested in leasehold improvements and equipment. Turn-key business ideal for an owner-operator or investor. Vendor is selling due to relocation overseas. Asking Price: $438,000. Confidential sale. NDA may be required prior to release of financial information. Excellent opportunity for physicians, nurse practitioners, medical aestheticians, cosmetic practitioners, or investors seeking a prime Yorkville location. (id:66096)
Property Details
- MLS®
- C13642788
- Property Type
- Business
- Business Type
- Personal Services
- Zoning
- Commercial Retail/Service
- Interior Size
- 850 ft²
- Building Area
- 850 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 92 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 92 days on market, against an average age of 58 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.
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5R)
This home lists at $350,000, about 4.1× the local median household income of $86,000.
Carrying it typically needs a household income of about $68,367 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $86,000
- Population
- 26,197
- Median age
- 42
- Owner / renter
- 39% / 61%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA M5R)
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$350,000
Toronto