MLS® 1040435

Salons for Sale — South Oak Bay, Oak Bay, BC

$190,000

2047 Oak Bay Ave, Oak Bay, BC V8R1E5

92
Walk Score
78
Bike
Walk Score® by Redfin
Retail and Wholesale, Service
Type
1,624 square feet
Lot size
92
Walk Score
78
Bike
Walk Score® by Redfin

Property details

Structured details

Lot dimensions
1624

Listing Information

MLS®
1040435
Listed
June 15, 2026
Time on market
91 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Do not miss this prime opportunity to own a well-established hair salon nestled in the bustling Oak Bay Village, boasting a refined and upscale ambiance. Occupying a spacious 1600 square feet area with convenient in-unit laundry facilities. Great location with high traffic and excellent visibility. Many repeated clients. Come make it your DESTINED business! Please do not contact owner or staff directly regarding sale of business.* (id:63159)

Financing calculator

Estimate your monthly payment on the $190,000 asking price.

Financing details
Monthly debt service
$1,844
Cash required at close
$63,000
DSCR
Cash-on-cash return (yr 1)

Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.

Location

Local market size (Oak Bay)

Population
17,990(-0.6% since 2016)
Population density
1,710.1/km²
Median household income
$107,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
53.1%
Postsecondary below bachelor's
20.0%
High school diploma
19.7%
No certificate/diploma
7.3%

Population aged 15 and over.

Commute

Car, truck or van
69.6%
Public transit
5.7%
Walked
9.7%
Bicycle
11.3%
Other
3.7%

Commute duration

Under 15 min
38.7%
15–29 min
42.6%
30–44 min
13.6%
45–59 min
2.2%
60+ min
2.8%

Employed labour force with a usual workplace.

Mother Tongue

English85.8%
Mandarin1.9%
French1.4%
German1.4%
Yue (Cantonese)0.8%
Spanish0.6%
Dutch0.4%
Japanese0.4%
Tagalog (Pilipino, Filipino)0.4%
Punjabi (Panjabi)0.4%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Kissako Sushi · 2027 Oak Bay Avenue29m
  • Oak Bay Seafood · 2024 Oak Bay Avenue62m
  • Tapas on Oak · 2006 Oak Bay Avenue91m
  • Panda Island Chinese Cuisine234m
  • White Heather Tea Room · 1885 Oak Bay Avenue371m

Cafes (5+)

  • Marcelo’s Coffee Shop · 2060 Oak Bay Avenue93m
  • Good Earth Coffeehouse · 1971 Oak Bay Avenue127m
  • Discovery Coffee · 1964 Oak Bay Avenue187m
  • Starbucks356m
  • Blue House · 2207 Oak Bay Avenue414m

Grocery (2)

  • Fairway Market Athlone Court · 2187 Oak Bay Avenue349m
  • Save-On-Foods · 1950 Foul Bay Road541m

Parks (5+)

  • Entrance Park · 2001 Oak Bay Avenue100m
  • Cochrane's Common317m
  • Redfern Park · 1755 Redfern Street426m
  • Maddison Green569m
  • Unnamed601m

Gyms (3)

  • Spinco Oak Bay · 2005 Oak Bay Avenue87m
  • Arbutus Physiotherapy · 1928 Oak Bay Avenue264m
  • Six Factors Fitness · 1931 Lee Avenue593m

Pharmacies (5+)

  • Pharmasave · 2200 Oak Bay Avenue401m
  • Fort Royal Pharmacy · 2217 Oak Bay Avenue430m
  • The Medicine Shoppe · 1964 Fort Street678m
  • Rexall · 1990 Fort Street696m
  • Fort Royal Pharmacy · 1803 Fort Street742m

Banks & ATMs (5+)

  • TD375m
  • Scotiabank376m
  • Unnamed379m
  • BMO · 2219 Oak Bay Avenue441m
  • CIBC · 2224 Oak Bay Avenue445m

Healthcare (1)

  • Oak Bay Optometry · 2075 Cadboro Bay Road665m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Frequently asked questions

What is the asking price for this salon?

The asking price is $190,000.

Where is this business located?

This listing is located in Oak Bay, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.