220 Bloor 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 $60,000 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.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Location! Location! Location! Exceptional opportunity to own a successful, well-established hair salon with manicure station, located inside prestigious hotel in the famous fashion district of Toronto at Bloor St and Avenue Road .This turnkey business operates from approximately 500 sq. ft. and boasts a loyal clientele of over 2,500 clients, built through years of exceptional service. The salon enjoys an outstanding reputation with 5-star Google reviews, a professional online booking platform, and a fully developed website. Situated in a high-traffic, affluent neighborhood surrounded by luxury residences, offices, hotels, and retail destinations, this location offers excellent visibility and consistent customer flow. Monthly Rent: $7,300 (includes TMI, utilities, and laundry) An ideal opportunity for an owner-operator, hairstylist, or investor seeking a profitable business in one of Toronto's most desirable and prestigious locations.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 220 Bloor Street W, Toronto C02, ON M6S 1N4
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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 $60,000 in Toronto, the legal minimum down payment is $3,000 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 $325 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $325 also applies, bringing the total estimated land transfer taxes to $650.
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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.