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 $89,000 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.
Exceptional opportunity to own a modern and beautifully renovated nail salon in the prestigious Yorkville area, directly across from Four Seasons Hotel Toronto! Surrounded by luxury retail stores, upscale residences, fine dining, high pedestrian traffic, and new condo developments right across the street bringing future growth potential and increased customertraffic, this prime location offers outstanding exposure and a strong clientele base. Thisstylish turnkey salon features 3 pedicure spa chairs with potential to expand, 6 manicure tables, and 1 versatile private room ideal for an office, eyelash/waxing room, or additional storage. Functional layout with in-unit laundry for added convenience. Affordable rent with a long-term lease in place provides excellent stability for owner-operators or investors. Tenant only pays hydro; all other utilities are included in the rent. A rare chance to own a thriving beauty business in one of Toronto's most sought-after luxury neighborhoods!
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Data-driven valuation for 1300 Bay Street LL2 & LL3, Toronto C02, ON M5R 3K8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $89,000 in Toronto, the legal minimum down payment is $4,450 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 $615 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $615 also applies, bringing the total estimated land transfer taxes to $1,230.
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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.