E06 - RM 3 - 1480 MAJOR MACKENZIE DRIVE W, Vaughan (Patterson)E06 - RM 3 - 1480 MAJOR MACKENZIE DRIVE W, Vaughan (Patterson) — photo 2E06 - RM 3 - 1480 MAJOR MACKENZIE DRIVE W, Vaughan (Patterson) — photo 3E06 - RM 3 - 1480 MAJOR MACKENZIE DRIVE W, Vaughan (Patterson) — photo 4E06 - RM 3 - 1480 MAJOR MACKENZIE DRIVE W, Vaughan (Patterson) — photo 5E06 - RM 3 - 1480 MAJOR MACKENZIE DRIVE W, Vaughan (Patterson) — photo 6E06 - RM 3 - 1480 MAJOR MACKENZIE DRIVE W, Vaughan (Patterson) — photo 7E06 - RM 3 - 1480 MAJOR MACKENZIE DRIVE W, Vaughan (Patterson) — photo 8E06 - RM 3 - 1480 MAJOR MACKENZIE DRIVE W, Vaughan (Patterson) — photo 9E06 - RM 3 - 1480 MAJOR MACKENZIE DRIVE W, Vaughan (Patterson) — photo 10
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Business For Sale · Retail

E06 - RM 3 - 1480 MAJOR MACKENZIE DRIVE W, Vaughan (Patterson)

E06 - RM 3 - 1480 MAJOR MACKENZIE DRIVE W, Vaughan (Patterson), ON L6A4H6

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

83%

About this property

Room for Lease! Perfect for Aestheticians, Lash Technicians, Nail Technicians, Massage Therapists, Laser Specialists & Beauty Professionals! This is your opportunity to secure a professional room inside a busy, established Beauty Salon in a prime Vaughan location. Whether you specialize in aesthetics, laser, lashes, nails, massage, skincare or other permitted beauty services, this space gives you the flexibility to build your clientele and operate your business your way. Enjoy the benefits of working within a professional salon environment while maintaining your own clients, your own schedule and your own business. It's an ideal opportunity for an established professional looking to expand or for someone ready to take the next step and build their own clientele. Prime Vaughan location. Professional salon environment. Flexible working hours. Excellent opportunity to grow your business. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

127,764

Households

48,736

Median income

$70,000

Median age

40.3

Daytime population

146,256

5-yr growth

9%

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

Secure deal room

Confidential diligence documents for E06 - RM 3 - 1480 MAJOR MACKENZIE DRIVE W, Vaughan (Patterson).

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.