6166 YONGE STREET
Toronto (Newtonbrook West), Ontario
MLS® C13061230
$349,000
- Status
- Active
- Property type
- Business
- MLS® number
- C13061230
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 14Listing description
Exceptional opportunity to acquire a well-established and highly profitable massage therapy clinic and health & beauty spa in a prime, high-traffic location at Yonge & Steeles. This turnkey business features 5 fully equipped treatment rooms with premium, high-end equipment, including laser technology for vein treatments, CO2 laser, EMS system for non-invasive facelifts, and hydra therapy systems. The business benefits from a strong and loyal client base, generating consistent revenue and very high profit margins with solid net income.
One treatment room is currently subleased for hair therapy, providing additional passive income of $2,000/month. Lease terms are highly favorable with 3. 5 years remaining plus a 10-year renewal option.
Gross rent is $6,500/month, inclusive of TMI and HST. The current owner and experienced staff are willing to remain, ensuring a smooth transition and continued success for the new owner. Ideal for investors or owner-operators seeking a profitable, turnkey operation in the growing health and wellness sector.
Don't miss this rare opportunity to step into a thriving, fully operational business with strong cash flow and expansion potential.
Property summary
- MLS® number
- C13061230
- Property type
- Business
- Square footage
- 905 sq ft
- Days on market
- 124 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $349,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of HOMELIFE/BAYVIEW REALTY INC., THORNHILL.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.