6166 YONGE STREET, Toronto (Newtonbrook West)

$349,000

For sale: Other

Other at 6166 YONGE STREET, Toronto (Newtonbrook West)
Property type
Sale Of Business
MLS®
MLS® C13061230
Neighbourhood
Newtonbrook West

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.

Sold data

Homes in Newtonbrook West — recent sold market

Homes in Newtonbrook West took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 48, across 47 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.

The median sale price was $879,000.

Homes sold for about 4.0% below asking on average, so there was room to negotiate.

About 28% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
23
Median sale price
$879,000
Sale-to-list ratio
96.0%
Sold above asking
28%

Based on 47 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Newtonbrook West)

Toronto (Newtonbrook West) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Newtonbrook West)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 6166 YONGE STREET