Sale Of Business for sale at 120 Lower Sherbourne Street, Toronto, Ontario, M5A 4J4 - Waterfront Communities C8 - MLS: C12455710

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120 Lower Sherbourne Street

Toronto, Ontario, M5A 4J4 - Waterfront Communities C8

$102,700

Neighbourhood

Waterfront Communities C8
Major Intersection

Front St. E & Lower Sherbourne St.

Listed Since: 196 day(s)
Last update: 98 day(s) ago

Overview

Property Type

Sale Of Business, Without Property
Bedrooms

n/a
Bathrooms

1
Basement

N
Kitchen

n/a
Total Parking

1
Lot Size

30x19 (Feet)
Taxes

$1,200.00 (2024)
Type

Commercial

Property Description

Property description for 120 Lower Sherbourne Street, Toronto

Discover a fantastic opportunity to own a well-established and highly successful hair salon in the heart of downtown Toronto's St. Lawrence community. This beautifully maintained, cozy, and inviting salon has been operating at the same location for 30 years, with the current owner proudly running it for more than 12 years. Now, as the owner retires, this beloved business is ready for its next chapter. Perfectly situated just a short walk from the St. Lawrence Market, the salon enjoys prime street-level exposure on Lower Sherbourne Street, offering exceptional visibility and consistent foot traffic. The surrounding area is bustling with residential and commercial activities, including two new condominium towers with 1,500+ units nearby and even more developments underway creating a tremendous opportunity to grow an already loyal client base. The salon currently serves over 400 loyal clients built over decades of exceptional service, with the outgoing owner willing to personally introduce and refer clientele to the new owner, ensuring a smooth transition and continued success. The space offers flexibility for additional services such as spa or nail treatments, with significant potential for revenue growth through extended hours or added services. Monthly lease: Only $2,200/month + TMI $100/month. Lease term: 3 years remaining with easy renewal for a proper candidate. 1 Parking space included, additional parking available at extra cost. Don't miss your chance to make this proven, thriving business your own.

Listed by HOMELIFE LANDMARK REALTY INC.

Property details

MLS #

C12455710
Sq. Ft

Available Upon Request
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

Outside/Surface
Total Parking

1
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Elec Forced Air
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

MLS #

C12455710
Sq. Ft

Available Upon Request
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

Outside/Surface
Total Parking

1
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Elec Forced Air
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 120 Lower Sherbourne Street, Toronto

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total