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$1,699,000
Available - For Sale
Listing ID: C12570954
Tucked into the vibrant heart of City Place at 40 Fort York Blvd, Evolve Hair Studio is a profitable, fully turn-key salon that marries sophistication, sustainability, and strong community roots. Founded in 2012, it has grown into a beloved, highly trusted name in Toronto's downtown salon scene, with marketing, operational, inventory, and financial systems already in place to help the next owner thrive. Supported by 618 Google reviews with a 4.7 rating, a strong and talented team, and a loyal client base with a 75-80% retention rate,Evolve offers consistent performance, a refined client experience, and significant potential for continued growth in one of downtown Toronto's most dynamic hubs. After 20 years in the industry, the current owners are ready for their next chapter-now it's time for Evolve to evolve with new, passionate ownership.The polished, modern, and calming interior features 10.5 ft ceilings on the main floor and 9ft on the second floor, with 1,535 sq ft inside plus a 198 sq ft patio (1,733 sq ft total, asper builder''s plan), and great south exposure for business and organic foot traffic. Heat and water are also included, ensuring minimal monthly operating expenses.
Price $1,699,000
Taxes: $12,000
Tax Type: Annual
Monthly Condo Fee: $1267
Occupancy by: Owner
Address: 40 Fort York Boulevard , Toronto, M5V 3Z3, Toronto
Postal Code: M5V 3Z3
Province/State: Toronto
Legal Description: UNIT 4, LEVEL 1, TORONTO STANDARD CONDOM
Directions/Cross Streets: Fort York/ Spadina
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: With Property
Use: Beauty Salon
Building Percentage: F
Total Area: 1,733
Total Area Code:  Square Feet
Office/Appartment Area: 0
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 6-15
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: N/A
Employees #: 6
Seats: 9
Maintenance: 0
Expenses Actual/Estimated: $Act
Sprinklers: Part
Rail: N
Clear Height Feet: 0
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
Sewers: None
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Income Required $ $ $ $

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ROYAL LEPAGE YOUR COMMUNITY REALTY

40 Fort York Boulevard , Toronto, M5V 3Z3, Toronto

Personal Picture
Maria Tompson
Sales Representative
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Waterfront Communities C1
Style:
Lot Size: x 0.00(Feet)
Approximate Age: 6-15
Tax: $12,000
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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