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$58,800 total
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Asset Class
Specialty
Size
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Building class
C
Zoning
US — Urban Services
$ / SF
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Occupancy
98%
Exceptional Opportunity To Own An Established Barbershop In A Prime Etobicoke Location! Strategically situated along busy Lake Shore Blvd West near Islington, this well-established barbershop offers excellent exposure, a strong local presence, and an outstanding opportunity for an entrepreneur looking to enter the industry or an existing barber looking to expand their business. The sale includes everything you need to hit the ground running, including all furniture, professional equipment, fixtures, established brand name, website, excellent Google reviews, and valuable goodwill. The spacious and thoughtfully designed premises feature 6 comfortable reclining barber chairs, a hair washing station, a welcoming reception area, a generous waiting lounge, a private lunch room, and a bathroom. As an added bonus, the entire basement is included, currently used for storage and offering valuable additional space! Enjoy an attractive lease in place with the opportunity to negotiate a longer-term extension. Even better, the rent is only $4,520 per month, inclusive of all taxes and utilities! Whether you're an experienced barber ready to become your own boss or an established operator looking to grow your footprint, this is an incredible turnkey opportunity in a sought-after Etobicoke location. (id:66811)
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Monthly debt service
$272
Projected NOI
$4K
Annual cash flow
$566
Cash-on-cash
3.21%
DSCR
1.17
Going-in cap
6.50%
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
61,034
Households
28,735
Median income
$112,000
Median age
33.6
Daytime population
52,653
5-yr growth
1.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2821 LAKE SHORE BOULEVARD W, Toronto (New Toronto).
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.