Business For Sale · Retail

STUDIO #2 - 3-25 SCARSDALE ROAD, Toronto (Banbury-Don Mills)

STUDIO #2 - 3-25 SCARSDALE ROAD, Toronto (Banbury-Don Mills), ON M3B2R2

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

83%

About this property

Elevate your business in this elegant 260 sq. ft. commercial studio situated inside a vibrant, high-traffic boutique fitness club. A prime opportunity for health and wellness professionals to tap into an established, health-conscious clientele! Ideal for a cosmetic laser clinic, chiropractor, acupuncturist, holistic spa, or skincare specialist. Currently configured as two private treatment rooms, the landlord is willing to remove the partition wall to create a custom open-concept layout. Positioned in a high-visibility location with excellent foot traffic. All-Inclusive Rent: Utilities, high-speed Wi-Fi, restroom access, and convenient on-site parking (first-come, first-served) are all included. A turn-key setup ideal for a start-up or boutique expansion! (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

131,969

Households

45,564

Median income

$115,500

Median age

35.1

Daytime population

217,428

5-yr growth

6.6%

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

Secure deal room

Confidential diligence documents for STUDIO #2 - 3-25 SCARSDALE ROAD, Toronto (Banbury-Don Mills).

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.