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Deepak Sharma

Broker
Remax Royal Properties Realty Brokerage, Brokerage Independently owned and operated. 7595 Markham Rd #19 , Markham, Ontario L3S0B6 Cell: 647-229-0670Office: 905-554-0101

$139,000
Available - For Sale
Listing ID: E9350869
1157 Ellesmere Rd , Unit # 7, Toronto, M1P 2X6, Ontario


We are pleased to present a unique opportunity to own a well-established UNISEX hair salon in the heart of Scarborough. This salon is perfect for both experienced stylists and entrepreneurs looking to invest in a thriving beauty business. Located in a prime area with excellent foot traffic, Lots of PARKING spaces, and easy access to public transportation, the salon enjoys a diverse and loyal clientele, catering to men, women, and children of all ages. The space comes fully equipped with high-quality tools, including multiple styling stations and wash basins, making it ready for immediate operation. The same operator has successfully run the business for 25 years, building a strong reputation and maintaining a steady stream of clients. Whether you are looking to grow your business portfolio or start a new venture in a vibrant and diverse community, this opportunity is one you don't want to miss.
Extras:   BONUS - Additional 10' x 10' room suitable for waxing or other services. The property has a new lease starting February 25, 2025, with a base rent of $25 per square foot annually and TMI of $16 per square foot annually.
Price $139,000
Taxes: $1357.00
Tax Type: T.M.I.
Occupancy by: Owner
Address: 1157 Ellesmere Rd , Unit # 7, Toronto, M1P 2X6, Ontario
Apt/Unit: # 7
Postal Code: M1P 2X6
Province/State: Ontario
Directions/Cross Streets: Midland & Ellesmere
Category: Without Property
Use: Hair Salon
Total Area: 1018.00
Total Area Code:  Sq Ft
Retail Area: 1018
Retail Area Code: Sq Ft
Business/Building Name: Perms & Cuts Hair and Spa
Financial Statement: N
Chattels: Y
Franchise: N
Hours Open: 10 - 7
Employees #: 4
Seats: 10
LLBO: N
Sprinklers: N
Washrooms: 1
Clear Height Feet: 8
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY
Personal Picture
Deepak Sharma
Broker
Dir:
647-229-0670
Bus:
905-554-0101
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto
Neighbourhood: Bendale
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $1,357
Maintenance Fee: $0
Beds:
Baths: 1
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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