Address
6166 Yonge Street, Toronto, ON
Price
$ 349,000
Property Attributes
  • ID#C13061230
  • TypeCommercial
  • Listing Status Price Change
  • CityToronto
  • AreaNewtonbrook West
  • NeighbourhoodNewtonbrook West
  • Postal CodeM2M 3X1
  • StyleMedical/Dental
  • Price$ 349,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage905
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Exceptional opportunity to acquire a well-established and highly profitable massage therapy clinic and health & beauty spa in a prime, high-traffic location at Yonge & Steeles. This turnkey business features 5 fully equipped treatment rooms with premium, high-end equipment, including laser technology for vein treatments, CO2 laser, EMS system for non-invasive facelifts, and hydra therapy systems. The business benefits from a strong and loyal client base, generating consistent revenue and very high profit margins with solid net income. One treatment room is currently subleased for hair therapy, providing additional passive income of $2,000/month. Lease terms are highly favorable with 3.5 years remaining plus a 10-year renewal option. Gross rent is $6,500/month, inclusive of TMI and HST. The current owner and experienced staff are willing to remain, ensuring a smooth transition and continued success for the new owner. Ideal for investors or owner-operators seeking a profitable, turnkey operation in the growing health and wellness sector. Don't miss this rare opportunity to step into a thriving, fully operational business with strong cash flow and expansion potential.

Price History
4/30/2026 Listed $469,000
6/28/2026 26$349,000

General Features

Cooling Yes
Heater Type Gas Forced Air Closed
Property Subtype Sale Of Business
Tax Year 2026
Lot Depth 0.0
Business Type Medical/Dental
Business Name Magic Fit Club
County Toronto
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status Price Change
City Toronto C07
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 0.0
Virtual Tour https://www.ivrtours.com/unbranded.php?tourid=27992
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No

Exterior Features

Garage Type Outside/Surface
Spa No
Building Area Total 905.0
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in M2M 3X1

Price
AVG $350K
$350K
Visits
AVG 374
373
Data Provided by Inside Real Estate®