#G05 40 Fort York Boulevard, Toronto (Waterfront Communities) - Business for Sale
#G05 40 Fort York Boulevard, Toronto (Waterfront Communities), Ontario, M5V3Z3
This business in Toronto is for sale offering roughly 1,733 sq ft of space.
Description
Rare live/work commercial condominium in the heart of CityPlace offering approximately 1,733 sqft over two levels with direct street exposure on Fort York Boulevard. Permitted work use with existing hair salon operation, ideal for owner-users, investors, beauty or service based businesses. This unique space features soaring 10.5 ft ceilings on the main level, 9 ft ceilings on the second floor, abundant natural light with southern exposure through the floor to ceiling windows, contemporary finishes, three washrooms and a private patio. Currently home to Evolve Hair Studio, an established and highly regarded business operating since 2012, the property benefits from strong brand recognition, a loyal clientele and an exceptional online reputation with over 600 4.7 star Google reviews. Street level visibility, constant pedestrian traffic and a dense surrounding residential population create outstanding exposure and long-term growth potential. The offering includes one underground parking space and provides flexibility for to take over a turnkey operation or expand locations. This is an opportunity to acquire both premium real estate and a successful operating business in one of downtown Toronto's most dynamic neighbourhoods. (id:66096)
Property Details
- MLS®
- C13425132
- Property Type
- Business
- Business Type
- Personal Services
- Zoning
- BL1994
- Bathrooms
- 3
- Parking
- 1
- Interior Size
- 1,733 ft²
- Building Area
- 1,733 ft²
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Garage
- Underground
- Property Tax
- $11,085.99/yr
- Listed
- 149 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 149 days on market, against an average age of 57 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 (Waterfront Communities) 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 (M5V)
This home lists at $1,498,900, about 16.5× the local median household income of $91,000.
Carrying it typically needs a household income of about $292,788 (20% down, 25-yr amortization, stress-tested) — roughly 222% above the area median.
- Median household income
- $91,000
- Population
- 59,912
- Median age
- 32
- Owner / renter
- 42% / 58%
- Avg. household size
- 1.6
Source: Statistics Canada, 2021 Census (FSA M5V)
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$1,498,900
Toronto