© 2026 HomeSix Realty Inc. All rights reserved.

MLS® C12455710
Waterfront, Toronto, ON
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
Own a home here? See what it could sell for.
Use this listing address as a starting point for a Home6 seller valuation.

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
Days on Market
Current: 395 days
Room information is not available for this listing.
Learn about the area and demographics around this address.
Schools closest to 120 Lower Sherbourne Street Toronto.
Source: No verified source available.Catchment boundaries and ratings are shown only when available.
Active alternatives ranked by location, property type, price, bedrooms, size, bathrooms, and recency.
Recent sold or leased properties are shown separately from active alternatives.
Close to 120 Lower Sherbourne Street Toronto.