$289,000
For sale: Other

High-exposure turnkey investment! Established "Pedi N Nails" franchise location in a bustling Newmarket plaza. Prime anchor tenants include Costco, Starbucks, Tim Hortons, Dollar Tree, Paris Baguette, and Popeyes. Newly renovated 1,200 sq. ft. layout fully equipped with 8 pedicure chairs, 8 manicure stations, 1 private waxing room, washroom, and dedicated laundry room. Secure long-term lease with 7 years remaining plus a 5-year renewal option. Low rent at $5,300/month (TMI & HST included), low franchise fee of only $1200/Year. Ample plaza parking and high daily foot traffic.
Sold data
Homes in Newmarket (Newmarket Industrial Park) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 36, across 238 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.
The median sale price was $900,000.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 18% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 238 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Newmarket (Newmarket Industrial Park) has 24 Fraser Institute–rated schools (19 elementary and 5 secondary), averaging 6.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
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