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.
Address
TH G05 - 40 Fort York Boulevard
List Price
$1,550,000
MLS® Status
New
Expiration Date
2026-04-30
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Waterfront Communities C1
Region
Toronto
Lot Type
Unit
Lot Size Units
Feet
Total Building Area
1733
Occupant Type
Owner
Cross Street
Fort York/ Spadina
Approx. Age
6 - 15 Years
MLS® Number
C12697482
Listing Brokerage
ROYAL LEPAGE YOUR COMMUNITY REALTY
Basement
No
Postal Code
M5V 3Z3
Posession Details
TBD/Flexible
Parking Spaces
1
Tax Amount
$12,000.00
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Electric Forced Air
Cooling Features
Yes
Garage Type
Other
Tax Legal Description
UNIT 4, LEVEL 1, TORONTO STANDARD CONDOMINIUM PLAN NO. 2090 AND ITS APPURTENANT INTEREST SUBJECT TO AND TOGETHER WITH EASEMENTS AS SET OUT IN SCHEDULE A AS IN AT2415676 CITY OF TORONTO
Security Features
Partial
Sewer
None
