$88,900
For sale: Other

A unique long-standing, turn-key hair salon business, successfully operating for over 30 years at the same Lawrence Ave East location. This well-established operation benefits from deep community roots, strong brand recognition, and a loyal, repeat clientele. The premises include five (5) dedicated parking spaces and are well-suited for continued use as a hair salon, with flexibility for other personal service uses including beauty, nails, cosmetic services, tattoo, or similar concepts. *Competitive rent at $2723.11, including HST, TMI, and hydro* The owner is also flexible with purchase structure, presenting a rare opportunity for an owner-operator to acquire not only a proven business, but also mentorship, continuity, and goodwill transfer in a high-traffic, community-oriented location.
Sold data
Other homes in Toronto (Dorset Park) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Dorset Park) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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