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9 - 38 Parkside Drive

9 - 38 Parkside Drive

Newmarket, ON

  • Sale Of Business
  • 161 days on market
$585,000

** 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 **

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Listing Details

Listed
March 24, 2026

Price History

Listing history

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Parking

Garage
Plaza

Location & Legal

Cross Street
Yonge/Davis
Zoning
Commercial
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Spa/Tanning

Included

Inclusions
SEE SCHEDULE "C"

Community

Postal area L3Y

Population
43,556
Private dwellings
17,365
Median age
45.6
Average household size
2.5
Median household income
$93,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Newmarket · last 12 months

Median sold price
$925,800
Homes sold
855
Median days on market
21
Sale-to-list price
98.0%

Based on 855 recorded sales of commercial properties in Newmarket over the last 12 months.

Listed by

RE/MAX REALTRON REALTY INC.

Walk Score

87

Walk

52

Transit

59

Bike

Scores by Walk Score®

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions 2 tankless water heaters. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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