1300 BAY STREET, Toronto (Annex)

$100,000

For sale: Other

Other at 1300 BAY STREET, Toronto (Annex)
Property type
Sale Of Business
MLS®
MLS® C13738638
Neighbourhood
Annex

Step in to success with this rare opportunity to own a thriving hair salon business in the heart of prestigious Yorkville, one of Toronto's most sought-after and stylish neighborhoods. Perfectly situated in a high-foot-traffic, high-income area, on the intersection of Bloor and Scollard St, this fully equipped, beautifully designed modern salon offers the ideal setting for beauty professionals or investors looking to capitalize on a booming market. With a large loyal clientele, chic interior, and strong community presence, this salon is ready for you to walk in and takeover - no downtime, no guesswork. Whether you're an ambitious stylist ready to build your own brand or an entrepreneur seeking a solid business with consistent cash flow, this is the opportunity you've been waiting for which includes a huge growth potential with the right vision. Featuring 7 hairdresser stations (with space for more), 3 hair washing sinks, welcoming front desk and retail area, private staff room, washer & dryer and a bathroom. This business includes all furniture, equipment, inventory, goodwill and all staff members are willing to remain. Excellent lease terms and supportive landlord, with rent only $4,868/m all inclusive.

Sold data

Other homes in Toronto (Annex) — recent sold market

Other homes in Toronto (Annex) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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.

Median days to sell
39
Median sale price
$59,000
Sale-to-list ratio
90.9%
Sold above asking
5%

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

Schools in Toronto (Annex)

Toronto (Annex) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Annex)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1300 BAY STREET