Welcome to this remarkable sale of business located in the coveted neighborhood of Dorset Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $88,900 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.
A unique long-standing, turn-key hair salon business, successfully operating for over 30 years at the same Lawrence Ave East location. This well-established operation benefits from deep community roots, strong brand recognition, and a loyal, repeat clientele. The premises include five (5) dedicated parking spaces and are well-suited for continued use as a hair salon, with flexibility for other personal service uses including beauty, nails, cosmetic services, tattoo, or similar concepts. *Competitive rent at $2723.11, including HST, TMI, and hydro* The owner is also flexible with purchase structure, presenting a rare opportunity for an owner-operator to acquire not only a proven business, but also mentorship, continuity, and goodwill transfer in a high-traffic, community-oriented location.
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Public Transit, Recreation/Community Centre
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2560 Lawrence Avenue E 1, Toronto E04, ON M1P 2R7
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 $88,900 in Toronto, the legal minimum down payment is $4,445 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 $614 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $614 also applies, bringing the total estimated land transfer taxes to $1,228.
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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.