$949,000
648 Paakanaak Avenue
Emerald Woods/Sawmill Creek, Ottawa
- 5 bd
- 3 ba
- House
1 / 24
$85,000
Emerald Woods/Sawmill Creek, Ottawa, ON K1V1A4 · MLS® X13581566
Excellent opportunity to own a WELL-ESTABLISHED, FULLY EQUIPED nail salon in the highly desirable Towngate Shopping Centre, ideally situated at the busy intersection of Bank Street and Hunt Club Road. This TURNKEY business operates from an approximately 800 sq. ft. leased space with a functional layout featuring 6 manicure stations, 8 pedicure chairs, a dedicated waxing area, reception, and ample storage. The sale includes ALL SALON EQUIPMENT, furniture, fixtures, inventory, and an extensive selection of nail polish and dipping powder colours, allowing for a seamless transition. Benefit from exceptional exposure in a HIGH-TRAFFIC commercial plaza anchored by major retailers and surrounded by popular businesses, restaurants, banks, grocery stores, and everyday amenities. Abundant free customer parking, excellent accessibility, and a well-established commercial hub provide outstanding convenience and consistent customer traffic. An excellent opportunity for an owner-operator or investor looking to acquire a thriving beauty business with STRONG GROWTH POTENTIAL. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025. Property tax assumed at 1% of price.
Listed by Royal Lepage Integrity Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.