Business For Sale · Specialty

8 - 676 MONARCH AVENUE, Ajax (South West)

8 - 676 MONARCH AVENUE, Ajax (South West), ON L1S4S2

$899,000 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

98%

About this property

Own the business AND the building. A rare chance to acquire an established, growing multidisciplinary wellness clinic together with the 1,200 sq ft commercial condo it operates from, in one transaction. Serving the community for over a decade from a busy, well-established plaza in southwest Ajax, this chiropractic-centred practice offers chiropractic, registered massage therapy, acupuncture and complementary services from a fully built-out unit with seven dedicated treatment rooms. Step into a turnkey operation with an established patient base, an experienced practitioner team and a strong local reputation. And stop paying rent: the real estate comes with it. Direct frontage on Monarch Avenue delivers strong daily exposure, with ample shared parking in a plaza anchored by restaurants, medical clinics and complementary businesses. Mezzanine potential lets you add square footage and grow in place. Southwest Ajax keeps expanding with new residential development close to major highways and commuter routes, driving demand for local health services. Ideal for a chiropractor, allied health professional or owner-investor looking to buy cash flow and equity in a single move. Financials, CIM and condo documents are available to qualified buyers once they sign an NDA. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$899K
Down payment30% · $270K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$70K

Annual cash flow

$20K

Cash-on-cash

7.56%

DSCR

1.41

Going-in cap

7.81%

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

102,500

Households

43,850

Median income

$71,500

Median age

42.2

Daytime population

160,074

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for 8 - 676 MONARCH AVENUE, Ajax (South West).

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.