Business Opportunity

Business opportunity

120 LOWER SHERBOURNE STREET · Toronto (Waterfront Communities), Ontario M5A4J4

Asking price$102,700
Property typeBusiness
Land areaAvailable on request

The Opportunity

Overview

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:61970)

Investment highlights

  1. 01Business

Property details

Property type
Business
Transaction
business
Listing brokerage
HOMELIFE LANDMARK REALTY INC.
Listing representative
TAE HYUN KIM
Board / association
Toronto

Financial information

Asking$102,700

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Location intelligence

Toronto (Waterfront Communities)

Documents

Source Record

Current listing facts, with attribution intact.

Source
REALTOR.ca DDF®
Listing status
active
Source ID
28975197
Last supplied
May 24, 2026
Listing brokerage
HOMELIFE LANDMARK REALTY INC.
Listing representative
TAE HYUN KIM
Board / association
Toronto

Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.

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Listing brokerage: HOMELIFE LANDMARK REALTY INC. · Listing representative: TAE HYUN KIM · Board/association: Toronto · Updated: May 24, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.

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