1 / 14

Investment signal

$120,000

1D17 - 7215 GOREWAY DRIVE

Beds

—

Baths

—

Sqft

—

Year

—

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

Open full map

Text about this home Send a message

About this home

Turnkey hair salon business for sale in a prime location. Well-established operation featuring 5 chairs in approx. 149 sq. ft. Attractive lease terms with renewal options. Great opportunity for investors as well!! Every chair can fetch approx 1200-1500$ if rented. Strong sales and cash flow. Open 7 days/week with established clientele and staff in place. Excellent opportunity for owner- operator or investor to acquire a profitable, well-maintained salon business. (id:65958)

Subtype: Business
Community: Malton
Living area: 149 square feet
On market: Apr 17, 2026
Status changed: Apr 17, 2026
Annual tax: $0
Zoning: Commercial
Photos: 14
MLS#: W13014232
Area: MISSISSAUGA_(MALTON)

Features and systems

Appliances

Microwave

Heating

Forced airNatural gas

Cooling

Fully air conditioned

Positive cash flow ~$1,509/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

75.43%

Cap rate

19.95%

GRM

4.2

Break-even rent

$812

Financing

Down payment$24,000

Loan amount$96,000

Mortgage$486/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$55

Insurance$80

Maintenance$100

CapEx reserve$50

Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Mississauga (Malton). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $486/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.