77 Finch Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Willowdale West. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $198,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Amazing Opportunity To Own A Luxurious Beauty & Wellness Centre In The Heart Of North York (Yonge & Finch)!Prime location just steps to Finch Subway. Currently operating as a full-service medispa (skincare, botox, RMT, nails) combined with a yoga studio. Approximately 1,980 sq ft with a new 5+5 lease starting January 2025. Current rent $7,161/month (TMI + water & hydro included). Business generates approx. $50K/month from the spa + $10K/month from the yoga studio.Unit permits Shop-In-Shop/Sub-Lease, offering potential for additional rental income. Seller has invested $290K in luxury renovations (invoices available), including Venetian plaster finishes, premium epoxy flooring, heated yoga studio floors, and indirect lighting throughout. Includes brand new washer, dryer, and refrigerator.Excellent plaza location with easy access, plenty of visitor parking, and 1 designated parking space included in the lease.A fully turnkey, high-end wellness centre in one of North York's most desirable and high-traffic corridors.
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Pricing & Value Insights
Data-driven valuation for 77 Finch Avenue W 305, Toronto C07, ON M2N 2H5
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $198,000 in Toronto, the legal minimum down payment is $9,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,705 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,705 also applies, bringing the total estimated land transfer taxes to $3,410.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
