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Investment Highlights
- High visibility from a highly travelled main road
- Flat 1.06 acre lot for potential expansion
- Updated and well maintained building
Executive Summary
Versatile and well-maintained 825 sq. ft. all-brick commercial building offering endless potential! Currently operating as a beauty salon, this property is ideal for a variety of uses including office space, boutique retail, or service-based businesses. Featuring 10-foot ceilings, excellent insulation, and situated on a solid concrete slab, this building is both efficient and durable. Set on a spacious 1.06-acre level lot, there is ample opportunity for future expansion. The parking lot accommodates approximately 12 vehicles, providing convenience for clients and staff alike. Located just off Route 56 with excellent visibility from a highly traveled road, this property offers prime exposure for any business. Fully remodeled interior and exterior in 2000 and meticulously maintained since, it is apparent this building has been well-cared for and will be transferred to the new owner in great condition. Major updates include roof, furnace, and central air (2000), hot water tank (2024), new front door (2024) and new overhead lighting (2023). Property is equipped with all public utilities, a spacious bathroom, central air, abundant storage, and attractive landscaping that enhances curb appeal. Zoned C-3 Commercial and ideally positioned near shopping centers with high activity, schools, and other amenities—this is a fantastic opportunity to bring your business vision to life!
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$13,877
|
$18.07
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$13,877
|
$18.07
|
| Taxes |
$3,000
|
$3.91
|
| Operating Expenses |
$2,041
|
$2.66
|
| Total Expenses |
$5,041
|
$6.56
|
| Net Operating Income |
$8,837
|
$11.51
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $13,877 |
| Annual Per SF | $18.07 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $13,877 |
| Annual Per SF | $18.07 |
| Taxes (CAD) | |
|---|---|
| Annual | $3,000 |
| Annual Per SF | $3.91 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $2,041 |
| Annual Per SF | $2.66 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $5,041 |
| Annual Per SF | $6.56 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $8,837 |
| Annual Per SF | $11.51 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
825 SF
Building Class
B
Year Built/Renovated
1961/2000
Price
$299,176 CAD
Price Per SF
$362.64 CAD
Cap Rate
3%
NOI
$8,975 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
825 SF
Building FAR
0.02
Lot Size
1.06 AC
Zoning
Commercial
Parking
12 Spaces (14.55 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Elevated Hair Co.
- Services
- 825 SF
- -
- Oct 2026
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Elevated Hair Co. | Services | 825 SF | - | Oct 2026 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 42-09-12-0-052 | Total Assessment | $34,873 CAD (2026) |
| Land Assessment | $5,079 CAD (2026) | Annual Taxes | $3,000 CAD ($3.64 CAD/SF) |
| Improvements Assessment | $29,795 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
42-09-12-0-052
Land Assessment
$5,079 CAD (2026)
Improvements Assessment
$29,795 CAD (2026)
Total Assessment
$34,873 CAD (2026)
Annual Taxes
$3,000 CAD ($3.64 CAD/SF)
Tax Year
2025
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