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Investment Highlights
- Well-established mixed-use property on a well-traveled road offers an excellent opportunity for both investors and owner-occupants.
- Additional revenue comes from a vending machine and rented parking spaces.
- This is a turnkey investment property is perfect for anyone looking to combine business ownership with residential or rental potential.
- The space is currently operating as a thriving barber shop with three barber chairs rented, generating steady income.
- Extensive updates completed in 2022 include a new furnace, hot water tank, updated flooring, and a handicap-accessible ramp,
- Seller will consider offers for $249,900 for just the building and $300,000 for the business and the building
Executive Summary
This well-established mixed-use property on a well-traveled road offers an excellent opportunity for both investors and owner-occupants. The space is currently operating as a thriving barber shop with three barber chairs rented, generating steady income. Additional revenue comes from a vending machine and rented parking spaces. Extensive updates completed in 2022 include a new furnace, hot water tank, updated flooring, and a handicap-accessible ramp, making the property move-in ready and compliant with modern standards. A 2-bedroom apartment with a new kitchen (2025) and 1 bath, ideal for owner occupancy or added rental income. A full basement with washer and dryer hookups provides extra functionality and storage space. This is a turnkey investment property is perfect for anyone looking to combine business ownership with residential or rental potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,784 SF
Building Class
B
Year Built/Renovated
1954/2025
Price
$355,460 CAD
Price Per SF
$199.25 CAD
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.02
Lot Size
1.69 AC
Zoning
O5C - Mixed-use or office-commercial corridors
Parking
16 Spaces (8.97 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 143089-113-200-0001-019-100 | Improvements Assessment | $55,061 CAD |
| Land Assessment | $89,474 CAD | Total Assessment | $144,536 CAD |
Property Taxes
Parcel Number
143089-113-200-0001-019-100
Land Assessment
$89,474 CAD
Improvements Assessment
$55,061 CAD
Total Assessment
$144,536 CAD
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2404 Union Rd
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