60 LYNDALE AVENUE, Ottawa, Ontario

ID#424407 | MLS# 1153256 | Listed at $55,000.00
Real Estate - Ottawa -
Felice Miranda
Sales Representative
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Description
Business ONLY for sale!! Great opportunity to start your own Hair Salon business or expand with another location! Approx. 600 sqft, 3 chairs, one washing station. Owner operated. Business hours: Mon to Sat 9am to 6pm. Opportunity to expand your services with a nail/massage/ aesthetics salon in the back room. Current rent $1300/month, water/sewer $42.50/month, tenant pays $3400/year property taxes, Hydro $65/mth, Gas $100/mth, Tel & WiFi $90/mth. Current lease till March 31, 2022. Signage out front. Parking available in front of salon for customers. Projected revenues are approx. 50K to 60K/chair/year plus additional income with expansion with the back room. Existing set up has 3 chairs and one washing station. (id:25958)
Special Features
  • Fireplace Present: False
  • Business: Personal Services
  • Business Name: Lyndale Hair Design
  • Has Acreage: false
  • Ownership Type: Leasehold
Property Type Commercial
Building Style 2 Storey
Listing Type For Sale

Number of Bedrooms 0.0
Number of Bathrooms 0.0
Seller's Comments

The seller has not posted any comments at this time.

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Mortgage Information
Title: First Time Buyer Program - High Ratio Mortgage
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
0.00%  -  5.09% 25 Years FREE DOWN PAYMENT 5 $336 $13,679
10.00%  -  $5,500 2.69% 25 Years 3 Yr Low Payment $232 $10,580
20.00%  -  $11,000 2.69% 25 Years 3 Yr Low Payment $202 $9,674
Title: Self Employed/ Non Qualified Income Premium
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
10.00%  -  $5,500 4.99% 25 Years $290 $12,298
15.00%  -  $8,250 4.25% 25 Years $254 $11,223
20.00%  -  $11,000 3.89% 25 Years $230 $10,513

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