2930 Islington Avenue Unit 3A
Toronto W05, ON M9L 2K5
About This Property
This is a prime opportunity to acquire a turnkey luxury optical business located in a high-traffic commercial plaza at 2930 Islington Avenue, North York. Offered as a complete Asset Sale due to the owner's relocation, the business is exceptionally attractive because it includes a very cheap, below-market-rate commercial lease, which locks in a low operating cost and provides a massive competitive advantage over any new store opening nearby. The sale features brand new, high-end leasehold improvements and fully equipped clinical and dispensary areas, allowing a buyer-such as an expanding Optician or Optometrist-to bypass the significant time and cost of a ground-up build and immediately begin generating revenue while benefitting from the highly favorable existing lease terms.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® W12563150
Listed by CENTRAL COMMERCIAL
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Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$439
/month · $71,840 mortgage
Amortization
Total Interest
$59,712
Total Cost
$131,552
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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CENTRAL COMMERCIAL