#1 2560 Lawrence Avenue, Toronto (Dorset Park) - Business for Sale
#1 2560 Lawrence Avenue, Toronto (Dorset Park), Ontario, M1P2R7
This business in Toronto is for sale offering roughly 600 sq ft of space.
Description
A unique long-standing, turn-key hair salon business, successfully operating for over 30 years at the same Lawrence Ave East location. This well-established operation benefits from deep community roots, strong brand recognition, and a loyal, repeat clientele. The premises include five (5) dedicated parking spaces and are well-suited for continued use as a hair salon, with flexibility for other personal service uses including beauty, nails, cosmetic services, tattoo, or similar concepts. *Competitive rent at $2723.11, including HST, TMI, and hydro* The owner is also flexible with purchase structure, presenting a rare opportunity for an owner-operator to acquire not only a proven business, but also mentorship, continuity, and goodwill transfer in a high-traffic, community-oriented location. (id:66096)
Property Details
- MLS®
- E12709554
- Property Type
- Business
- Business Type
- Personal Services
- Zoning
- Commercial
- Bathrooms
- 1
- Parking
- 8
- Interior Size
- 600 ft²
- Frontage
- 30 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 289 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 289 days on market, against an average age of 65 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.
This business in Toronto (Dorset Park) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M1P)
This home lists at $88,900, about 1.2× the local median household income of $76,000.
Carrying it typically needs a household income of about $17,365 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $76,000
- Population
- 45,170
- Median age
- 39.6
- Owner / renter
- 59% / 41%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA M1P)
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$88,900
Toronto