40 Fort York Boulevard, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Waterfront Communities C1. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,550,000 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 3 Bathrooms
- Spacious lot size measured in Feet
- Convenient underground garage included
- equipped with yes central cooling and highly efficient electric forced air heating
Description
Outstanding opportunity to acquire a well-established, high-performing hair salon in one of downtown Toronto's most active residential corridors. Located in the heart of CityPlace, this thriving business benefits from constant neighbourhood traffic, strong brand recognition, and a loyal urban clientele. Operating since 2012, the salon has earned an exceptional reputation, reflected in 624 Google reviews with a 4.7-star rating and a solid client retention rate. The business is fully staffed with an experienced team and supported by organized systems, steady revenue, and documented financial performance, offering stability from day one. This modern two-level space is approximately 1,535 sq ft plus a 198 sq ft patio. Soaring 10.5 ft ceilings on the main floor, 9' ceilings upstairs, clean contemporary finishes and bright southern exposure create an inviting atmosphere. Heat and water are included in the monthly costs, contributing to manageable overhead. Ideal for an owner-operator, businesses looking to expand or investors seeking a proven concept in a premium downtown location with room to grow.
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Pricing & Value Insights
Data-driven valuation for 40 Fort York Boulevard G05, Toronto C01, ON M5V 3Z3
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 $1,550,000 in Toronto, the legal minimum down payment is $310,000 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 $27,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $27,475 also applies, bringing the total estimated land transfer taxes to $54,950.
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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.
