120 Lower Sherbourne Street, Toronto, Ontario M5A 4J4

Listed for:
$62,700
0 beds
1 baths
Listed 24 days ago
120 Lower Sherbourne Street, Toronto, Ontario M5A 4J4

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Learn more about this property
Listing provided by:
HOMELIFE LANDMARK REALTY INC.
MLS® number:
C12455710
Agent:
Tae Hyun Kim
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About

Cross Streets: Front St. E & Lower Sherbourne St. ** Directions: The Esplanade & Lower Sherbourne St. 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. (id:27476)

Property Highlights

MLS® Number
C12455710
Type
Business
Community Name
Waterfront Communities C8
Land Size
Unit=30 x 19 FT
Parking Space Total
1

Building

Bathrooms Total
1
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Electric
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location