05-272 Manitoba Street, Toronto | Image 1

05-272 Manitoba Street

Toronto, Mimico

  • Commercial

$999,999
For Sale

Added 2 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Health & Beauty Related

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 4895.58

  • MLS®#: W11936299

  • Days on Site: 1 Days

  • Added: Jan 22, 2025 (2 months ago)

  • Updated:

  • Last Checked: 1 month ago

  • Listed By: IPRO REALTY LTD.

An Incredible Opportunity for Investors and business owners. Seize the opportunity to take over a leased unit of an incredibly successful hair salon business with an ever-growing list of 300+ clients. Located in a beautifully renovated 1,070 sq. ft. commercial condo unit in the vibrant Mimico neighborhood. This unit combines modern, open-concept design with an inviting atmosphere created by sunlit, floor-to-ceiling windows. The current tenant operates a Luxury Beauty Salon and SPA, generating a good health income. Current rental income is $4120 per month +TMI +HST with 3+ yrs remaining on the lease. Situated at the bustling intersection of Park Lawn and Lakeshore, this prime location offers unmatched visibility, steady foot traffic, and proximity to two newer residential condo towers. Just a short walk from Lake Ontario and boasting great exposure on Manitoba St, the salon provides unparalleled convenience for clients. This is a rare opportunity to step into a thriving business in one of Toronto's most dynamic neighbourhoods.

Property

  • Status: Sale

  • Type: Health & Beauty Related

  • Property Type: Commercial/Retail

  • Property Type: Service

  • Area: Toronto

  • Community: Mimico

  • Availability Date: TBD

Inside

  • Bathrooms: 1

  • Air Conditioning: Y

  • Washrooms: 1

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Closd

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Street

  • Covered Parking Spaces: 1

Fees

  • Tax Year: 2024

  • Taxes: $4,896

  • Commercial Condo Fees: 317

  • Taxes Type: Annual

Land

  • Cross Street: Manitoba St & Legion

  • Municipality District: Toronto W06

  • Parcel Number: 125810005

  • Zoning: Commercial

Shipping Doors

  • Clearing Height (ft): 17

Commercial Specific

  • Retail Area: 100

  • Retail Area Metric: %

  • Sprinklers: Y

  • Total Area: 1075

  • Total Area Metric: Sq Ft

  • Lot Code: Unit

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