
Unknown, ON
$349,000 total
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Asset Class
Specialty
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
96%
Turnkey Pilates Studio Business For Sale! Excellent opportunity to own a modern Pilates studio in a prime, high-traffic plaza anchored by renowned brands including Tim Hortons, RBC, and a variety of popular restaurants. Surrounded by a high-density residential community, this location offers tremendous exposure and access to a strong potential customer base. Opened less than one year ago, the studio features top-of-the-line Pilates equipment with 9 fully equipped stations and offers multiple classes daily. Strong sales performance in a short period highlights the business's promising potential for continued growth. Benefit from a new 5-year lease with an additional 5-year renewal option and an attractive gross rent of only $6,000/month. Ideal for fitness professionals, Pilates instructors, or entrepreneurs looking to acquire a well-equipped studio in an established commercial plaza. A fantastic opportunity to take over a modern fitness concept with quality equipment, an excellent location, and significant potential to build on its early success! (id:66811)
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Monthly debt service
$2K
Projected NOI
$22K
Annual cash flow
$3K
Cash-on-cash
2.94%
DSCR
1.16
Going-in cap
6.42%
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.
Trade area within 3 miles of the property.
Population
92,353
Households
32,217
Median income
$95,500
Median age
31.5
Daytime population
137,379
5-yr growth
2.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Unknown.
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.