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$199,900

Unit Unit 10 - 10610 Bayview Ave

Richmond Hill, ON L4C 3N8

Unit Unit 10 - 10610 Bayview Ave, Richmond HillListed at $199,900 Sale Of Business. MLS® N12889608.

1,055Sq Ft
Barber/Beauty
Sale Of Business
$6.5Taxes/yr · 2025

Description

30+ Years of Continuous Operations - This hair salon has been serving the Richmond Hill community at the same high-traffic Bayview Avenue location for over 30 years, with the current owner successfully at the helm for the last 15 years. The seller is now retiring, offering a rare opportunity to acquire a deeply established, turnkey operation. Why This Business Stands Out: Legacy & Clientele: Multi-decade presence in the plaza has cultivated an extremely loyal, consistent, and daily busy customer base. You are acquiring a proven reputation and immediate cash flow. True Turnkey Operation: Walk in and take over Day 1. Supported by a couple of reliable, long-term employees, allowing for smooth operation even with minimal initial salon involvement from the new owner. Systems are in place. Massive Expansion Potential (The Basement): The unit features approximately 1,055 sq. ft. of main floor space PLUS additional basement space. This is a significant value-add opportunity: Sublet the basement to a complementary health/beauty business (esthetics, lashes, spa, skincare) to generate immediate additional monthly rental income. Expand service offerings into the basement to create a full-service "Salon & Spa" destination, increasing overall sales without relocating. FINANCIAL & OPERATIONAL: Profitable Operations: A consistently busy salon with verified financials available to qualified buyers upon signing a Confidentiality Agreement. Lease in Place: Current lease extension runs to May 31, 2028, with a clause for one further 5-year renewal option (Fair Market Value rent upon renewal). Equipment and Inventory onsite are all included. List will be provided with firmed offer. FINANCING AVAILABLE: VENDOR FINANCING may be available for qualified buyer. Terms to be discussed upon conditional agreement. The seller has spent a decade building supplier relationships, customer trust, and operational systems.DO NOT go direct & DO NOT speak to employees.

Property Details

Property TypeSale Of Business
CommunityCrosby
Lot Dimensions16 × 65 ft
Dir/Cross StBayview Ave./ Elgin Mills Rd E.
Garage TypeNone
Heating TypeGas Forced Air Closed
A/CYes
WaterWater System
Taxes (2025)$6.5
HSTIncluded In
Listed Date3/17/2026
Days on Market142 days

Business Details

Property Sub-TypeSale Of Business
Business TypeBarber/Beauty
Property UseWithout Property
Occupant TypeTenant
Hours of Operation10am to 6pm
FranchiseNo
Chattels IncludedYes
Seating Capacity6
Full-Time Employees4
Financial StatementsNot Available
Showing RequirementsShowing System
Possession TypeFlexible
Listing Expires9/10/2026

Commercial Space & Financials

Retail Area1,055 Sq Ft
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: BAY STREET GROUP INC.

MLS® #N12889608

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Richmond Hill Real Estate

This Sale Of Business is located in the Crosby community in Richmond Hill. Richmond Hill sits at the heart of York Region, offering a mix of estate homes, townhome communities, and new condo developments along Yonge Street. The city is well-served by the Richmond Hill GO line and Viva BRT. David Dunlap Observatory lands provide green space, while the Yonge/16th corridor is evolving into a vibrant urban centre.

Richmond Hill GO stationYonge Street corridor revitalizationHillcrest Mall & shopping districtsDavid Dunlap Observatory green space
~45 min commute to downtown TorontoWalkability: Moderate — best along Yonge Street corridor
View full Richmond Hill neighbourhood guide →