120 Lower Sherbourne Street
Waterfront Communities C8
Toronto
M5A 4J4
$62,700 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- C12455710
- Bus Major:
- Hair Salon
- Photos (9)
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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.
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Retail Area:
- 594 sq. ft. Sq Ft
- Lot Depth:
- 19'5.79 m
- Lot Frontage:
- 30'9.14 m
- Bathrooms:
- 1.0
- Water supply:
- Municipal
- Zoning:
- Commercial/retail
- Heating type:
- Electric Forced Air
- Garage:
- Outside/Surface
- Parking Spaces:
- 1
- Possession Details:
- TBD
- HST Applicable To Sale Price:
- In Addition To
- Type Taxes:
- TMI
- Taxes:
- $1,200 / 2024
- Assessment:
- $- / -
- Toronto
- Toronto C08
- Waterfront Communities C8
- All existing light fixtures, four styling stations, one washing sink, one heating machine, stools, reception desk, chairs, cabinets, shelves.
- All personal tools and belongings, including computer, printer, hair products, colours, scissors, and combs. Note: Products may be purchased separately.
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Financial Statements:
- No
- Major Business Type:
- Hair Salon
- Category:
- Without Property
- Franchise:
- No
- Days Open:
- Open 5 Days
- Hours Open:
- 10:30 - 6:00
- Employees:
- 0
- Chattels:
- No
- LLBO:
- No
- Seats:
- 4
- Date Listed:
- Oct 10, 2025
Larger map options:
Listed by HOMELIFE LANDMARK REALTY INC.
Data was last updated November 7, 2025 at 12:15 PM (UTC)
- HomeLife Landmark Realty Inc.
- 7240 Woodbine Ave #103, Markham, ON L3R 1A4
- (905) 305-1600
- Contact by Email
The enclosed information while deemed to be correct, is not guaranteed.
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