298 MAIN STREET, Toronto (East End-Danforth)

$199,888

For sale: Other

Other at 298 MAIN STREET, Toronto (East End-Danforth)
Property type
Sale Of Business
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® E13518632
Neighbourhood
East End-Danforth

An exceptional opportunity to acquire A Plus Cut, a well-established and profitable hair salon that has operated under its current name for over 42 years. The owner has proudly served the local community for more than 50 years, building an outstanding reputation and an exceptionally loyal, multi-generational clientele. Families have returned for decades, with parents introducing their children and grandchildren, creating a strong foundation of repeat business while new customers continue to discover the salon through its excellent reputation and word-of-mouth referrals. Ideally situated at the highly visible intersection of Danforth Avenue and Main Street, the salon enjoys outstanding exposure, heavy pedestrian and vehicle traffic, and excellent access to public transit. Surrounded by high-rise condominiums, apartment buildings, established neighbourhoods, and a vibrant mix of retail and service businesses, the location provides asteady flow of both loyal and walk-in clientele. Operating successfully in an area with limited direct competition, this turnkey business offers stable income, an established brand, and excellent potential for an owner-operator or investor looking to continue a respected legacy in one of Toronto's busiest commercial corridors.

Sold data

Other homes in Toronto (East End-Danforth) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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

Toronto (East End-Danforth) 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 (East End-Danforth)

  • Cottinghamelementary, TorontoFraser rating 10.0/10
  • High Park Alternativeelementary, TorontoFraser rating 10.0/10
  • Northmountelementary, TorontoFraser rating 10.0/10
  • Sathya Saielementary, TorontoFraser rating 10.0/10
  • St Michael's Choirsecondary, TorontoFraser rating 10.0/10
  • St Sebastianelementary, TorontoFraser rating 10.0/10

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

Currently for sale

Homes for sale near 298 MAIN STREET