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Aloysius Okafor

Sales Representative
CENTURY 21 Paramount Realty Inc., Brokerage Independently owned and operated. 8550 Torbram Rd Unit 4, Brampton, Ontario L6T5C8 Cell: 647-890-0712Office: 905-799-7000Fax: 905-799-7001

$110,000
Available - For Sale
Listing ID: W12687674
724 Lakeshore Road East , Mississauga, L5G 1J6, Peel


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 $110,000
Minimum Rental Term: 60
Taxes: $0.00
Tax Type: N/A
Monthly Condo Fee: $3
Occupancy: 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
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
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Washroom Type 46 0
Washroom Type 47 0
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Washroom Type 49 0
Washroom Type 50 0
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Washroom Type 53 0
Washroom Type 54 0
Washroom Type 55 0
Washroom Type 56 0
Washroom Type 57 0
Washroom Type 58 0
Washroom Type 59 0
Washroom Type 60 0
Washroom Type 61 0
Washroom Type 62 0
Washroom Type 63 0
Washroom Type 64 0
Washroom Type 65 0
Category: Without Property
Use: Medical/Dental
Building Percentage: F
Total Area: 1200.00
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
Sprinklers: Yes
Washrooms: 0
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
$
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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.

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This calculator 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.
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Personal Picture
Aloysius Okafor
Sales Representative
Dir:
647-890-0712
Bus:
905-799-7000
Fax:
905-799-7001
 
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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:
Pool:
Locatin Map:
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