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Home ON Greater Toronto Area Toronto Old Toronto St Lawrence-East Bayfront-The Islands St. Lawrence
120 LOWER SHERBOURNE STREET
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120 LOWER SHERBOURNE STREET $62,700
$62,700
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120 LOWER SHERBOURNE STREET
Toronto (Waterfront Communities), Ontario M5A4J4

MLS® Number: C12455710
1
Bathrooms
-
Square Feet

Listing Description

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. (41430907)

Location Description

Cross Streets: Front St. E & Lower Sherbourne St. ** Directions: The Esplanade & Lower Sherbourne St.

Property Summary

Property Type
Business
Community Name
Waterfront Communities C8
Land Size
Unit=30 x 19 FT
Annual Property Taxes
$1,200
Total Parking Spaces
1
Time on REALTOR.ca
66 days

Building

Bathrooms
Total
1
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Electric)
Utilities
Water
Municipal water
Business
Business Type
Personal Services (Barber/beauty shop)
Parking
Total Parking Spaces
1

Land

Lot Features
Frontage
30 ft
Land Depth
19 ft
Other Property Information
Zoning Description
Commercial/retail
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TAE HYUN KIM