1300 Bay Street, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Annex. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $129,999 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 30 x 36 ft lot size
- Convenient street garage included
- equipped with yes central cooling and highly efficient baseboard heating
Description
Step into success with this rare opportunity to own a thriving hair salon business in the heart of prestigious Yorkville, one of Toronto's most sought-after and stylish neighbourhoods. Perfectly situated in a high-foot-traffic, high-income area, on the intersection of Bloor and Scollard St, this fully equipped, beautifully designed modern salon offers the ideal setting for beauty professionals or investors looking to capitalize on a booming market. With a large loyal clientele, chic interior, and strong community presence, this salon is ready for you to walk in and take over - no downtime, no guesswork. Whether you're an ambitious stylist ready to build your own brand or an entrepreneur seeking a solid business with consistent cash flow, this is the opportunity you've been waiting for which includes a huge growth potential with the right vision. Featuring 7 hairdresser stations (with space for more), 3 hair washing sinks, welcoming front desk and retail area, private staff room, washer & dryer, and a bathroom. This business includes all furniture, equipment, inventory, goodwill, and all staff members are willing to remain. Excellent lease terms and supportive landlord, with rent of only $4,868/m all inclusive.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1300 Bay Street, Toronto C02, ON M5R 3K8
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 $129,999 in Toronto, the legal minimum down payment is $6,500 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 $1,025 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,025 also applies, bringing the total estimated land transfer taxes to $2,050.
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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.
