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$229,900 total
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Asset Class
Specialty
Size
—
Building class
B
Zoning
US — Urban Services
$ / SF
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Occupancy
90%
An exceptional opportunity awaits in Toronto's iconic Distillery District a rare chance to own a turnkey hair salon business in one of the city's most visited and vibrant destinations. This well-established salon has been serving a loyal clientele of over 5,500+ customers for over a decade and is nestled in a beautifully restored space that seamlessly blends modern elegance with historic charm. With original exposed brick from the 1800s, custom-made furnishings, and thoughtful design throughout, the atmosphere is both warm and professional a space that immediately feels inviting to new clients and stylists alike. The salon is fully equipped and ready for immediate operation, featuring six styling stations, three shampoo sinks, a spacious manicure and pedicure area, two private bathrooms (for staff and clients), a spacious kitchenette, 2 color mixing stations, private office, generous storage, and a welcoming reception and lounge. Moreover, the salon offers professional grade Red Light Therapy, and Pelvic Floor Therapy. The entire team of experienced professionals is willing to stay on to ensure a smooth, effortless transition. With exclusivity from the landlord as the only hair salon permitted in the entire Distillery District, this business is uniquely positioned for continued growth and long-term success. Located in a high-foot-traffic area surrounded by boutiques, restaurants, art galleries, and upscale tourists year-round, the salon benefits from unmatched visibility and a long-term lease with a supportive landlord.The sale includes most furnishings with some exclusions, inventory, professional equipment, and a robust client database.Whether you're an investor or an industry professional looking to step into a thriving, beautifully run business, this is a truly rare and inspiring opportunity in one of Torontos most treasured neighbourhoods. (id:66811)
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Monthly debt service
$1K
Projected NOI
$13K
Annual cash flow
$590
Cash-on-cash
0.86%
DSCR
1.05
Going-in cap
5.80%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
138,477
Households
55,492
Median income
$63,500
Median age
37
Daytime population
198,085
5-yr growth
6.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 90 DISTILLERY LANE, Toronto (Waterfront Communities).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.