40 Fort York Boulevard G05, Toronto, ON M5V 3Z3
Waterfront Communities · C01 · M5V 3Z3
$1,498,900
$865 / sq ft4 months on market
- Bathrooms
- 3
- Total area
- 1,733 sf
- Age
- 6-15 years
What's special
- Underground parking
- Yes
About this property
Rare live/work commercial condominium in the heart of CityPlace offering approximately 1,733 sqft over two levels with direct street exposure on Fort York Boulevard. Permitted work use with existing hair salon operation, ideal for owner-users, investors, beauty or service based businesses. This unique space features soaring 10.5 ft ceilings on the main level, 9 ft ceilings on the second floor, abundant natural light with southern exposure through the floor to ceiling windows, contemporary finishes, three washrooms and a private patio. Currently home to Evolve Hair Studio, an established and highly regarded business operating since 2012, the property benefits from strong brand recognition, a loyal clientele and an exceptional online reputation with over 600 4.7 star Google reviews. Street level visibility, constant pedestrian traffic and a dense surrounding residential population create outstanding exposure and long-term growth potential. The offering includes one underground parking space and provides flexibility for to take over a turnkey operation or expand locations. This is an opportunity to acquire both premium real estate and a successful operating business in one of downtown Toronto's most dynamic neighbourhoods.
Property details
Property
- Property type
- business
- Bathrooms
- 3
- Interior size
- 1,733 sq ft
- Year built
- 6-15
- Zoning
- BL1994
- Possession
- TBD
Interior
- Heating
- Electric Forced Air
- Cooling
- Yes
Exterior & services
- Garage
- Underground
Costs
- List price
- $1,498,900
- Property taxes
- $11,086 / year (2025)
- Price per sq ft
- $865
Listing
- MLS® number
- C13425132
- Status
- For sale
- Listed
- June 10, 2026
- Days on market
- 148
- Last updated
- September 22, 2026
- Listing brokerage
- REVEL REALTY INC.
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 100% of comparable business for sale listings in Waterfront Communities are asking less.
- This home
- $865 / sq ft
- Comparable median
- $161 / sq ft
Based on 27 comparable active business for sale listings in Waterfront Communities. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $7,597.14
- Property tax (est.)
- $923.83
- Estimated monthly
- $8,521
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $26,453
- Toronto municipal
- $26,453
- Total due on closing
- $52,906
An estimate on the asking price of $1,498,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of REVEL REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
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