Business For Sale · Specialty

3 - 55 PARKDALE AVENUE N, Hamilton (Normanhurst)

3 - 55 PARKDALE AVENUE N, Hamilton (Normanhurst), ON L8H5W7

$80,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

87%

About this property

Excellent turnkey nail salon business in a high-traffic plaza at 55 Parkdale Ave N. Approx. 720 sq ft, well-maintained and efficiently laid out. Features 3 pedicure chairs and 4 manicure stations. Includes private washroom, in-unit washer/dryer, lunch/break room, and separate wax room for additional services. Affordable lease with rent approx. $2,050/month, making it an attractive opportunity for owner-operators. Busy location with strong foot traffic, great visibility, and ample parking. Surrounded by established businesses and residential neighborhoods, offering a steady client base and growth potential. Turnkey setup-just take over and start operating. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$80K
Down payment30% · $24K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$369

Projected NOI

$5K

Annual cash flow

$80

Cash-on-cash

0.33%

DSCR

1.02

Going-in cap

5.64%

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.

Area demographics

Trade area within 3 miles of the property.

Population

141,691

Households

62,374

Median income

$65,500

Median age

36

Daytime population

156,693

5-yr growth

5.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 3 - 55 PARKDALE AVENUE N, Hamilton (Normanhurst).

NDA required
  • 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.