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$69,900
Available - For Sale
Listing ID: W12687674
Excellent opportunity to assume a 5-year lease with a 5-year renewal option and acquire a professionally built-out, turnkey premises with many allowed uses. Listing features extensive seller-funded leasehold improvements and included treatment equipment. This is not a sale of the business/brand-the purchase price reflects the value of the improvements completed and paid for by the seller, plus included fixtures and equipment. Major improvements and build-out completed by the seller include: new drywall/room construction with proper steel reinforcement; complete electrical overhaul with lighting throughout; new paint, lights/light panels, and upgraded outlets including dedicated outlets for larger machinery (basement and main floor);new kitchenette with sink(s), cabinets, fridge, microwave, faucets/fixtures, plus associated plumbing and electrical; new heating system; fully rebuilt wheelchair-accessible washroom with new vanity/sink, toilet, flooring, fixtures, and door; rear entrance foyer improvements including flooring and drywall; flooring repairs/improvements, baseboards, and required rewiring; master lighting switchboard for front/back; new front and rear doors with new locks; and a complete overall build-out. Included equipment/fixtures: multiple massage tables (many comparable new units approximately $1,000+ each), select furniture, and reception desk. Exclusions: the brand (Tailbone Health) and client base are excluded. Also excluded are all indoor logo signage, one outdoor logo sign, and the main outdoor sign. Décor items, the carpet and lounge furniture, and any small treatment/consumable supplies are also excluded.
Price $69,900
Minimum Rental Term: 60
Taxes: $0
Tax Type: N/A
Monthly Condo Fee: $3
Occupancy by: Tenant
Address: 724 Lakeshore Road East , Mississauga, L5G 1J6, Peel
Postal Code: L5G 1J6
Province/State: Peel
Legal Description: PT LT 8 PL A26 TORONTO; PT LT 9 PL A26 T
Directions/Cross Streets: Cawthra and Lakeshore
No. of Pieces Level
Washroom 1 0
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Washroom 114 0
Washroom 115 0
Category: Without Property
Use: Medical/Dental
Building Percentage: F
Total Area: 1,200
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Days Open: V
Hours Open: N/A
Employees #: 0
Seats: 0
Maintenance: 0
Sprinklers: Yes
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REMAX YOUR COMMUNITY REALTY

724 Lakeshore Road East , Mississauga, L5G 1J6, Peel

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Sale Of Business
Area: Peel
Municipality: Mississauga
Neighbourhood: Lakeview
Style:
Lot Size: x 125.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908