$99,000
3777 Lake Shore BLVD W Toronto W06, ON M8W 1R1
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$99,000
Est. payment /mo
550 SqFt
New
3777 Lake Shore BLVD W Toronto W06, ON M8W 1R1
UPDATED:
11/06/2024 05:54 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 550 sqft
Price per Sqft $180
MLS Listing ID W10410335
Annual Tax Amount $540
Tax Year 2023
Property Description
Seize this unique opportunity with Evolve Studios, a well-established barbershop and salon located on Lakeshore Blvd West in the heart of Etobicoke. Positioned in a high-traffic area close to public transit, this business has built a loyal client base, making it an attractive prospect for owner-operators and investors alike. Evolve Studios features five chair rentals and three additional treatment rooms suitable for professionals like stylists, Botox practitioners, massage therapists, and estheticians, allowing for diverse income streams. With the combination of low overhead and the ability to rent out all chairs and rooms, the business has the potential to generate monthly profits of approximately $5,000. This flexible arrangement makes it ideal for those seeking either an active role in operations or a passive income model. The lease was recently renewed in September, locking in extremely favorable rent rates and ensuring stability for years to come. Spanning both a main floor and basement, Evolve Studios maximizes its functional space and offers a welcoming, well-appointed environment that attracts clients from the bustling Etobicoke community.
Location
State ON
County Toronto
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Parking Type None
Listed by Keller Williams Edge Realty, Brokerage
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