| Tucked into the vibrant heart of City Place at 40 Fort York Blvd, Evolve Hair Studio is a profitable, fully turn-key salon that marries sophistication, sustainability, and strong community roots. Founded in 2012, it has grown into a beloved, highly trusted name in Toronto's downtown salon scene, with marketing, operational, inventory, and financial systems already in place to help the next owner thrive. Supported by 618 Google reviews with a 4.7rating, a strong and talented team, and a loyal client base with a 75-80% retention rate, Evolve offers consistent performance, a refined client experience, and significant potential for continued growth in one of downtown Toronto's most dynamic hubs. After 20 years in the industry, the current owners are ready for their next chapter-now it's time for Evolve to evolve with new, passionate ownership. The polished, modern, and calming interior features 10.5 ft ceilings on the main floor and 9t on the second floor, with 1,535 sq ft inside plus a 198 sq ft patio (1,733 sq ft total, asper builder's plan), and great south exposure for business and organic foot traffic. Heat and water are also included, ensuring minimal monthly operating expenses. |
| Price | $1,550,000 |
| Taxes: | $12000.00 |
| Tax Type: | Annual |
| Monthly Condo Fee: | $1267 |
| Occupancy: | Owner |
| Address: | 40 Fort York Boulevard , Toronto, M5V 3Z3, Toronto |
| Postal Code: | M5V 3Z3 |
| Province/State: | Toronto |
| Legal Description: | UNIT 4, LEVEL 1, TORONTO STANDARD CONDOM |
| Directions/Cross Streets: | Fort York/ Spadina |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 |
| Category: | Commercial Condo |
| Use: | Health & Beauty Related |
| Building Percentage: | F |
| Total Area: | 1733.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 0 |
| Office/Appartment Area Code: | Sq Ft |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 6-15 |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | N/A |
| Employees #: | 6 |
| Seats: | 9 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Rail: | N |
| Clear Height Feet: | 0 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
| Sewers: | None |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
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| Book Showing | Email a Friend |
| Type: | Com - Commercial Retail |
| Area: | Toronto |
| Municipality: | Toronto C01 |
| Neighbourhood: | Waterfront Communities C1 |
| Approximate Age: | 6-15 |
| Tax: | $12,000 |
| Fireplace: | N |