Welcome to this remarkable sale of business located in the coveted neighborhood of Vellore Village. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
An exceptional opportunity to acquire a modern, upscale health and wellness club in the heart of Vaughan. This well-established facility spans approximately 24,000 square feet and serves a strong and loyal base of 1,500 active members, offering immediate revenue and growth potential.Positioned as a premier fitness and lifestyle club, this Fitness centre has transformed into a high-end training environment featuring state-of-the-art cardio and strength equipment, Olympic lifting platforms, functional training zones, and fully equipped fitness studios. The club delivers a comprehensive wellness experience with amenities that include, Fully equipped gym for cardio and weight training, Group fitness and Pole Dancing studios, Personal training, Physiotherapy and wellness consultation services, smoothie bar and social lounge, Private changing facilities and dedicated training areas Designed with a modern, upscale aesthetic, the facility blends luxury, functionality, and a vibrant "Miami-inspired" atmosphere, creating a unique member experience that encourages both performance and community engagement. The business is backed by experienced fitness industry leadership with over 30 years of expertise, and is known for its strong community culture, premium service offering, and high-quality member experience. Investment Highlights include : 24,000 sq. ft. fully built-out facility , 1,500-member recurring revenue base, Prime Vaughan location in a high-growth market, Recently renovated with premium finishes and equipment, Multiple revenue streams (memberships, personal training, classes, retail) with room for more revenue streams, Turnkey operation with significant upside potential This is a rare opportunity to acquire a fully operational, high-end fitness club in one of the GTA's fastest-growing communities. Please DO NOT GO DIRECT. DO NOT SPEAK TO EMPLOYEES ABOUT SALE. DO NOT WALK THROUGH WITHOUT APPOINTMENT. FINANCIALS UPON REQUEST WITH CONFIDENTIALITY AGREEMENT.
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Data-driven valuation for 311 Cityview Boulevard 1, Vaughan, ON L4H 3S7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Vaughan.
About Purchasing a Home in Vaughan, ON
For a property listed at $1,500,000 in Vaughan, the legal minimum down payment is $300,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $26,475 for this transaction. As this listing is in Vaughan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $26,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.