$189,000 FOR SALE

Business for Sale

Hair Salon

Total Area: 1,018 ft2
2024 Taxes: $1,357

1157 Ellesmere Rd #7
Toronto, ON M1P 2X6 | Bendale

We are pleased to present a unique opportunity to own a well-established UNISEX hair salon in the heart of Scarborough. This salon is perfect for both experienced stylists and entrepreneurs looking to invest in a thriving beauty business. Located in a prime area with excellent foot traffic, Lots PARKING spaces, and easy access to public transportation, the salon enjoys a diverse and loyal clientele, catering to men, women, and children of all ages. The space comes fully equipped with high-quality tools, including multiple styling stations and wash basins, making it ready for immediate operation. The same operator has successfully run the business for 25 years, building a strong reputation and maintaining a steady stream of clients. Whether you are looking to grow your business portfolio or start a new venture in a vibrant and diverse community, this opportunity is one you don't want to miss.

Extras
BONUS - Additional 10' x 10' room suitable for waxing or other services. The property has a new lease starting February 25, 2025, with a base rent of $25 per square foot annually and TMI of $16 per square foot annually.

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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E9350869
Last Updated Sep 18, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Hair Salon
Franchise Non-Franchise
Category Without Property
Occupancy Owner
Possession Date TBD
Taxes (2024) $1,357
Tax Type T.M.I.
Directions/Cross Streets Midland & Ellesmere
Neighbourhood Bendale
Area Toronto
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bathrooms 1
Retail Area 1,018 ft2
Total Area 1,018 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Plaza
Hours Open 10 - 7
LLBO N
Employees 4
Heat Type Gas Forced Air Open
Financial Statement N
Seats 9
Sprinklers Y
Utilities A
Water Municipal
Clear Height 8 feet
Lot/Bldg/Unit Code Unit
Zoning N/A
Seller Property Info Statement N

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