120 Lower Sherbourne ST, Toronto C08, ON M5A 4J4
120 Lower Sherbourne ST, Toronto C08, ON M5A 4J4
120 Lower Sherbourne ST, Toronto C08, ON M5A 4J4
120 Lower Sherbourne ST, Toronto C08, ON M5A 4J4
120 Lower Sherbourne ST, Toronto C08, ON M5A 4J4
120 Lower Sherbourne ST, Toronto C08, ON M5A 4J4
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Peter Velentis

Peter Velentis

+1(647) 287-1509
-
Est. payment | /mo

1 Bath

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-
Est. payment | /mo
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1 Bath

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Municipality Toronto C08

Subdivision Waterfront Communities C8

MLS Listing ID C12455710

Annual Tax Amount $1,200

Tax Year 2024

Property Sub-Type Sale Of Business

Property 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.

Location

Province ON

County Toronto

Community Toronto C08

Area Toronto

Zoning Commercial/retail

Interior

Cooling Yes

Inclusions All existing light fixtures, four styling stations, one washing sink, one heating machine, stools, reception desk, chairs, cabinets, shelves.

Exterior

Lot Frontage 30.0

Lot Depth 19.0

Others

ParcelsYN No

Listed by HOMELIFE LANDMARK REALTY INC.

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120 Lower Sherbourne ST

Peter Velentis

"When you work with me, youère not just getting a realtor-youère gaining a trusted advisor whose expertise, innovative solutions, and steadfast commitment to your success make all the difference. Whether youère buying, selling, or investing, I am here to guide you every step of the way, ensuring that your real estate experience is both rewarding and stress-free."

+1(647) 287-1509

peter.velentis@lptrealty.com

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