Home · Buy · Toronto C01 · 40 Fort York Boulevard G05, Toronto, ON M5V 3Z3
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For Sale · Commercial Retail
40 Fort York Boulevard G05, Toronto, ON M5V 3Z3
Toronto C01 · Waterfront Communities C1
Underground garage
0
Beds
3
Baths
1
Parking
1733 sq ft
Sq ft
6-15 yrs
Built
The honest picture
List price
$1,498,900
Renavu Estimate
—
Benchmark · All homes
$575,200
Listed 161% above the Waterfront Communities C1 benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
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
Listed on
June 10, 2026
Days on market
44 days
Property tax
$11,085.99 (2025)
Heating
Electric Forced Air
Cooling
Yes
MLS®
C13424832
Full details
Parking
GarageUnderground
Total parking1
Property & sold history
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See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 8.3%
$
Down:or type any amount above
This price requires at least 8.3% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$26,453
Toronto municipal LTT$26,453
Legal · title · inspection$2,800
Closing costs$55,706
Down payment$124,890
Total cash to close$180,596
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.