1300 Bay Street, Toronto (Annex) - Business for Sale
1300 Bay Street, Toronto (Annex), Ontario, M5R3K8
This business in Toronto is for sale offering roughly 1,100 sq ft of space.
Description
Step in to success with this rare opportunity to own a thriving hair salon business in the heart of prestigious Yorkville, one of Toronto's most sought-after and stylish neighborhoods. Perfectly situated in a high-foot-traffic, high-income area, on the intersection of Bloor and Scollard St, this fully equipped, beautifully designed modern salon offers the ideal setting for beauty professionals or investors looking to capitalize on a booming market. With a large loyal clientele, chic interior, and strong community presence, this salon is ready for you to walk in and takeover - no downtime, no guesswork. Whether you're an ambitious stylist ready to build your own brand or an entrepreneur seeking a solid business with consistent cash flow, this is the opportunity you've been waiting for which includes a huge growth potential with the right vision. Featuring 7 hairdresser stations (with space for more), 3 hair washing sinks, welcoming front desk and retail area, private staff room, washer & dryer and a bathroom. This business includes all furniture, equipment, inventory, goodwill and all staff members are willing to remain. Excellent lease terms and supportive landlord, with rent only $4,868/m all inclusive. (id:66096)
Property Details
- MLS®
- C13738638
- Property Type
- Business
- Business Type
- Personal Services
- Zoning
- Commercial
- Interior Size
- 1,100 ft²
- Frontage
- 30 ft
- Heating
- Baseboard heaters
- Cooling
- Fully air conditioned
- Property Tax
- $1,100/yr
- Listed
- 65 days ago
Features
- Appliances
- Furniture
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 65 days on market, against an average age of 58 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5R)
This home lists at $100,000, about 1.2× the local median household income of $86,000.
Carrying it typically needs a household income of about $19,534 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $86,000
- Population
- 26,197
- Median age
- 42
- Owner / renter
- 39% / 61%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA M5R)
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$100,000
Toronto