1188 Danforth Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Danforth. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $39,998 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 50 x 105 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Turnkey opportunity to own a newly built and fully renovated nail salon in a prime Danforth location at Danforth & Woodgreen. Beautifully designed modern space with a luxurious and welcoming atmosphere, strong branding, growing online presence, and a new long-term lease already in place. Approx. 860 sq ft as per plan with an efficient open-concept layout featuring 6 manicure stations with built-in charging ports, 3 pedicure stations, lash/facial treatment area, head spa equipment, reception area, POS system, custom décor, shelving, LED lighting, and extensive inventory including 200+ gel polish colours and beauty supplies. The salon is currently operating as a nail salon with complementary/add-on beauty services including lashes, facials, massage, and head spa treatments. Please note permitted use under the lease is for a nail salon operation with related beauty services. Strong digital presence already established with Instagram account featuring approximately 20,000 followers, integrated website connected to POS system, and Google Business profile with 4.8-star rating and reviews. Growing client base with repeat customers and ongoing bookings already in place. Currently operating with 4 beauty specialists. Attractive gross lease at approximately $3,400/month including utilities and operating costs. Long-term 5-year lease in place with assignment potential subject to landlord approval. Excellent opportunity for an owner-operator or beauty professional looking to step into a professionally built salon without the time and cost of completing a full renovation and startup from scratch.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1188 Danforth Avenue, Toronto E03, ON M4J 1M3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $39,998 in Toronto, the legal minimum down payment is $2,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $200 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $200 also applies, bringing the total estimated land transfer taxes to $400.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
