Welcome to Salon City where Personal Care Business Ownership is being revolutionized! Own 38 one and two-person studios for rent to personal care entrepreneurs. Salon City offers personal care business owners a safe turnkey location in which they can begin or grow their own business. Studios are complete with European styling chairs, hair wash sinks for instant occupancy. Included with rental are a host of features to enhance the offering. Features such as: constant exhaust and air circulation systems, washing machines, lounge, classroom, podcast room, key fob building entry and private locked studios. Salon City has full-time, on-site management Tremendous 6,487 sq. ft. prime retail space with a current occupancy rate of approximately 50% (as of Jan 1/ 2025). There is tremendous upside and projected growth in rental income. Bonus income potential includes a huge basement with over 6,723 sq. ft ,which can be sub-leased for training sessions, seminars, beauty schools, or other ancillary uses to compliment your tenants' work. A great opportunity to help entrepreneurs start their new business at a fraction of the cost! Appeals to Hair Salons, Nail Salons, RMT Massage, Tattoo Parlors, Aesthetics Salon, Waxing, Laser, etc., etc. Terrific concept and business opportunity.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
6487 sq. ft. Square Feet
Total Area:
6,487 sq. ft.603 m2
Retail Area:
100 sq. ft. %
Depth:
0'0 m
Frontage:
6487'1,977 m
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
Possession Details:
Partially Tenanyed
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2024
Type Taxes:
TMI
Taxes:
$19 /
2024
Assessment:
$- /
2024
Aurora
Aurora Highlands
York
No
Website, security systems, existing furniture and fixtures owned by Salon City and further defined and all summarized in Investment Summary Package which will provided to interested parties upon execution of NDA.
All Sub-Tenants fixtures, furnishings, equipment and chattels.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.