#4-5 3702 Kingston Road, Toronto (Scarborough Village) - Business for Sale
#4-5 3702 Kingston Road, Toronto (Scarborough Village), Ontario, M1J3H3
This business in Toronto is for sale offering roughly 900 sq ft of space. It has been on the market 26 days, fresher than the Toronto average of 49 days.
Description
Turnkey, profitable Nail & Beauty Salon, and ready for immediate success! Ideally situated in Scarborough just minutes from Lake Ontario and surrounded by dense residential communities, thriving local businesses, and strong daily foot traffic, this well-established salon has been successfully operating for 12 years and boasts a loyal clientele of over 500 repeat customers. This fully equipped and beautifully maintained space offers everything you need to hit the ground running. Featuring 3 manicure stations, 3 pedicure stations, 3 hairstyling stations, and 2 spacious private spa rooms with aesthetic beds, the layout is designed for both efficiency and an elevated client experience. The salon is being sold fully furnished and stocked with high-end products , allowing for seamless transition and immediate revenue generation. Known for its premium services - including Russian Manicures, Lash Extensions, and specialty facials - the business attracts clients from across Durham Region, Downtown Toronto, and the surrounding neighborhoods. A skilled team is already in place and willing to stay, ensuring continuity and stability for the new owner. Located on the second floor of a busy plaza anchored by a pharmacy and physiotherapy clinic, the business benefits from consistent walk-in exposure and cross-traffic. Ample parking is available at both the front and rear, along with excellent signage visibility. With incredibly low rent of just $2,100 (TMI included) and a 4 year lease with an option to extend, this is a rare opportunity for entrepreneurs or established operators looking to expand their footprint with a proven, cash-flowing business and extremely low overhead. (id:66096)
Property Details
- MLS®
- E13881324
- Property Type
- Business
- Business Type
- Personal Services
- Zoning
- Commercial
- Parking
- 10
- Interior Size
- 900 ft²
- Frontage
- 20 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 26 days ago
Features
- Appliances
- Furniture
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 26 days on market, against an average age of 49 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 (Scarborough Village) has been listed for 26 days, which is 23 days fresher than the city average of 49. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M1J)
This home lists at $58,800, about 0.8× the local median household income of $76,500.
Carrying it typically needs a household income of about $11,486 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $76,500
- Population
- 37,002
- Median age
- 37.6
- Owner / renter
- 46% / 54%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA M1J)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$58,800
Toronto