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$ 999,999
Est. payment /mo
Active
272 Manitoba ST #5 Toronto W06, ON M8Y 4G9
1 Bath
1,075 SqFt
UPDATED:
01/29/2025 02:02 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,075 sqft
Price per Sqft $930
Subdivision Mimico
MLS Listing ID W11936299
Annual Tax Amount $4,895
Tax Year 2024
Property Description
An Incredible Opportunity for Investors and business owners. Seize the opportunity to take over a leased unit of an incredibly successful hair salon business with an ever-growing list of 300+ clients. Located in a beautifully renovated 1,070 sq. ft. commercial condo unit in the vibrant Mimico neighborhood. This unit combines modern, open-concept design with an inviting atmosphere created by sunlit, floor-to-ceiling windows. The current tenant operates a Luxury Beauty Salon and SPA, generating a good health income. Current rental income is $4120 per month +TMI +HST with 3+ yrs remaining on the lease. Situated at the bustling intersection of Park Lawn and Lakeshore, this prime location offers unmatched visibility, steady foot traffic, and proximity to two newer residential condo towers. Just a short walk from Lake Ontario and boasting great exposure on Manitoba St, the salon provides unparalleled convenience for clients. This is a rare opportunity to step into a thriving business in one of Toronto's most dynamic neighbourhoods.
Location
State ON
County Toronto
Community Mimico
Area Toronto
Zoning Commercial
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features Yes
Listed by IPRO REALTY LTD.