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.
STUNNING TURNKEY BEAUTY & WELLNESS CENTRE | YONGE & FINCH! Exceptional opportunity to own a luxurious, fully renovated Beauty & Wellness Centre in one of North York's most desirable and high-traffic locations, just steps from Finch Subway Station! Approximately 1,980 sq.ft. of beautifully designed space, currently operating as an RMT massage clinic and yoga studio. Flexible layout allows for easy conversion to a variety of wellness and beauty concepts, including Hair Salon, Nail Salon, Medical Spa, Physiotherapy, Aesthetics, Wellness Clinic and more. Seller has invested approximately $290,000 in high-end renovations (invoices available), creating a sophisticated, move-in-ready environment that would be extremely costly to replicate. Features include elegant Venetian plaster finishes, premium epoxy flooring, heated flooring in the yoga studio, and professionally designed indirect lighting throughout. Includes brand-new washer, dryer and refrigerator.Excellent investment potential: Unit permits Shop-In-Shop/Sub-Lease, offering an opportunity to generate additional rental income or bring complementary professionals/businesses into the space. Prime plaza location with excellent accessibility, ample visitor parking, and 1 designated parking space included in the lease. Steps to Finch Subway, surrounded by established residential communities, offices, retail, restaurants and services. A rare opportunity to acquire a high-end, turnkey wellness facility with substantial renovation value, flexible business potential and additional income possibilities in the heart of North York. Ideal for an owner-operator, investor, or entrepreneur looking to establish a premium beauty/wellness brand in a prime location.
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What’s NearbyDistances approximate
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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$486/mo
Mortgage (principal + interest)$486
Minimum $6,495 down for this price; the slider moves in whole percent, starting at 5%. 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$25,980
Ontario land transfer taxProvincial brackets, no first-time refund$1,024
Toronto land transfer taxMunicipal brackets, no first-time refund$1,024
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$30,828
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.
