38 Parkside Drive 9, Newmarket, ON L3Y 8J9
$585,000
$585,000
MLS®#:
N12917212
Property Type:
Sale Of Business
Property Style:
Area:
York
Community:
Central Newmarket
Taxes:
$0 / 2026
Added:
March 24 2026
Lot Frontage:
0
Lot Depth:
0
Status:
Active
Outside:
Year Built:
Brokerage:
RE/MAX REALTRON REALTY INC.
Intersection:
Yonge/Davis
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Closed
Heating Fuel:

Listing Details

** WELL ESTABLISHED NORDIC STYLE SAUNA BUSINESS LOCATED IN THE CENTRE OF NEWMARKET ** OPERATING SINCE 2019 ** STEADY CLIENTELLE WITH STEADY REVENUE ** LARGE STEAM AND INFRARED SAUNAS ** TURKISH STEAM SAUNA ** COLD WATER BUCKETS TO COOL OFF ** MEN'S & WOMEN'S CHANGE ROOMS ** SHOWERS ** LOCKER ROOMS ** COZY LOUNGE AREA ** SHOWER FOR THE DISABLED ** COLD WATER SHOWERS ** FULL EQUIPPED KITCHEN WITH DINING ROOM AND LLBO LICENSE ** ENJOY TRADITIONAL FOODS AND A VARIETY OF COMPLIMENTARY TEAS WHILE RELAXING ** COOL WATER POOL ** BATHROOMS ** LAUNDRY MACHINES ** RECEPTION AREA ** OFFICE ** HOT WATER TANK & 2 TANKLESS WATER HEATERS ** WATER FILTERS ** CURRENT LEASE AGREEMENT IS FOR 5 YEARS EXPIRING NOVEMBER 30,2029 WITH AN OPTION TO RENEW FOR 5 MORE YEARS ** GROSS MONTHLY RENT IS $5,600 INCLUDING NET RENT, TMI, WATER & HST ** APPROX 2896 SQ FT **

SEE SCHEDULE "C"

Insights

  1. Established Business with Steady Revenue: The property hosts a well-established Nordic style sauna business that has been operating since 2019, ensuring a steady clientele and consistent revenue stream for potential buyers or investors.
  2. Prime Location in Central Newmarket: Situated in the heart of Newmarket, this property benefits from high visibility and accessibility, making it an attractive option for both local customers and visitors.
  3. Comprehensive Facilities: The property features a range of amenities including large steam and infrared saunas, a fully equipped kitchen with dining area, and dedicated change rooms, enhancing the customer experience and operational efficiency.

Neighborhood Overview

Complete neighborhood profile for 38 Parkside Drive 9

Central Newmarket home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Central Newmarket
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)