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Price on request
134 SF
Asset Class
Specialty
Size
134 SF
Building class
B
Zoning
US — Urban Services
$ / SF
—
Occupancy
97%
ROOM AVAILABLE IN SUCCESSFUL SALON SETTING! Exceptional opportunity to lease a fully furnished private salon suite within The Parlour Beauty and Wellness Suites, a boutique beauty and wellness collective designed for independent professionals seeking a turnkey and elevated workspace. This 134 square foot unit is thoughtfully designed with a clean and modern aesthetic and is ideally suited for hairstylists or beauty professionals looking to operate within a professional environment. The unit includes a fully furnished private salon room with an installed wash sink, salon chair, styling chair with ergonomic mat, mirror, and functional workspace. Lease is all inclusive and covers heat, hydro, water, and wireless internet, along with access to shared laundry facilities with washer and dryer, towels, personal storage options, staff kitchen, shared washroom, and a client waiting area with coffee and water bar. All common areas are cleaned daily and secure access is available twenty four hours per day, seven days per week. Additional features include optional website and social media marketing support, the ability to integrate the tenant’s own booking system, and shared exposure within a multi service beauty and wellness collective. Please note the suite will require shared use one day per week, with details to be discussed to ensure scheduling compatibility. This is an ideal opportunity for a professional seeking a high quality, all inclusive salon environment within a prime location. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$85K
Annual cash flow
$2K
Cash-on-cash
0.46%
DSCR
1.02
Going-in cap
5.68%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Prairie Coffee Roasters | 400 SF | 2033-12 |
| Prairie Coffee Roasters | 400 SF | 2033-12 |
Trade area within 3 miles of the property.
Population
48,200
Households
16,689
Median income
$132,500
Median age
36.3
Daytime population
62,058
5-yr growth
7.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 223 WEST Street, Simcoe.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.