The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Excellent opportunity to acquire an established, fully equipped medical aesthetics and wellness business in a high-traffic Toronto location near Steeles Avenue East and Markham Road, immediately south of the Markham border, offering strong visibility and convenient access.The premises comprise approximately 1,804 sq. ft. of professionally designed space and include a reception and waiting area, consultation room, facial room, body-contouring room, laser room, massage/treatment room, dedicated injection room, staff room and two washrooms.The business includes a substantial inventory of specialized aesthetic equipment, including EMSCULPT NEO, InMode TRITON, HydraFacial Syndeo and Venus Bliss MAX, together with additional treatment equipment, treatment beds and chairs, carts, stools, reception and office furniture, appliances, and other furniture, fixtures and equipment.The premises also benefit from extensive leasehold improvements, including built-in cabinetry, sinks and treatment infrastructure designed to support a broad range of aesthetic and wellness services.The business has an established client base with repeat clientele, prepaid treatment packages and further growth potential through memberships, cross-selling, expanded treatment utilization and additional service offerings.A purchaser may have the flexibility to continue operating under the existing franchise, subject to applicable franchisor approvals and agreements, or transition the business to an independent brand. Detailed financial information, equipment schedules, lease documentation and other confidential business information will be made available to qualified purchasers only upon execution of a Confidentiality Agreement and submission of a conditional offer acceptable to the Seller.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,629/mo
Mortgage (principal + interest)$3,629
Minimum $72,000 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$194,000
Ontario land transfer taxProvincial brackets, no first-time refund$15,875
Toronto land transfer taxMunicipal brackets, no first-time refund$15,875
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$228,550
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
