$999,999 FOR SALE

Commercial/Retail

272 Manitoba Street #5
Toronto (Mimico), ON M8Y 4G9

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. (id:47423)

Share

Listed By IPRO REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W11936299
Last Updated Jan 29, 2025
Property Summary
Property Type Commercial/Retail

More like this:
Use Health Centre
Community Mimico
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bathrooms 1
Listing Contract Date 2025-01-22
Location Description Manitoba St & Legion Rd N
# of Parking Spaces 1
Property Type Retail
Transaction Type For sale
Zoning Description Commercial
Business
Business Type Personal Services
Business Subtype Health Centre
Building
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Forced air
Utility Water Municipal water

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
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.