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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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120 Lower Sherbourne Street Toronto C08
For SaleWaterfront

120 Lower Sherbourne Street Toronto C08, Sale Of Business for Sale

MLS® C12455710

Waterfront, Toronto, ON

395 days on market
$102,700
Show on Map
Show on Map
N/ABeds
1Baths
N/ASqft
N/AParking
Sale Of Business

Overview· 120 Lower Sherbourne Street Toronto

MLS® #C12455710

Discover a fantastic opportunity to own a well-established and highly successful hair salon in the heart of downtown Toronto's St. Lawrence community. This beautifully maintained, cozy, and inviting salon has been operating at the same location for 30 years, with the current owner proudly running it for more than 12 years. Now, as the owner retires, this beloved business is ready for its next chapter. Perfectly situated just a short walk from the St. Lawrence Market, the salon enjoys prime street-level exposure on Lower Sherbourne Street, offering exceptional visibility and consistent foot traffic. The surrounding area is bustling with residential and commercial activities, including two new condominium towers with 1,500+ units nearby and even more developments underway creating a tremendous opportunity to grow an already loyal client base. The salon currently serves over 400 loyal clients built over decades of exceptional service, with the outgoing owner willing to personally introduce and refer clientele to the new owner, ensuring a smooth transition and continued success. The space offers flexibility for additional services such as spa or nail treatments, with significant potential for revenue growth through extended hours or added services. Monthly lease: Only $2,200/month + TMI $100/month. Lease term: 3 years remaining with easy renewal for a proper candidate. 1 Parking space included, additional parking available at extra cost. Don't miss your chance to make this proven, thriving business your own.

Inclusions

All existing light fixtures, four styling stations, one washing sink, one heating machine, stools, reception desk, chairs, cabinets, shelves.

Exclusions

All personal tools and belongings, including computer, printer, hair products, colours, scissors, and combs. Note: Products may be purchased separately.

Broker

HOMELIFE LANDMARK REALTY INC.

Neighbourhood

Waterfront

Walk 56Avg $786KArea guide

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Schools9515 schools within 1.5 km · nearest 225 m15 schools within 1.5 km · nearest 225 m
Parks9616 parks within 1 km · nearest 335 m16 parks within 1 km · nearest 335 m
Convenience7223 groceries, cafes and pharmacies within 1 km · nearest 107 m23 groceries, cafes and pharmacies within 1 km · nearest 107 m
Safety24Safer than 24% of Toronto neighbourhoods (2025)St Lawrence-East Bayfront-The Islands: 1,866 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 120 Lower Sherbourne Street Toronto

Source: MLS® listing data
120 Lower Sherbourne Street Toronto

Sale Of Business

120 Lower Sherbourne Street Toronto

Waterfront

Type

Sale Of Business

Parking

Outside/Surface

Property Tax

~$1,200/yr

Heating

Electric Forced Air

Buying Essentials

Parking

Outside/Surface

Finances

List Price

$102,700

Property Tax

~$1,200/yr

Property Specs

Property Type

Sale Of Business

Living & Amenities

Heating Type

Electric Forced Air

Policies & Utilities

Neighbourhood

Waterfront

Listed On

Oct 8, 2025

Price & Listing History

Days on Market

Current: 395 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$413/mo
Property Tax$100/mo
Total Monthly$513

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0