298 Main St is a 1-bathroom business in Toronto, listed for $199,888.
1Ideally situated at the highly visible intersection of Danforth Avenue and Main Street, the salon enjoys outstanding exposure, heavy pedestrian and vehicle traffic, and excellent access to public transit.
2Surrounded by high-rise condominiums, apartment buildings, established neighbourhoods, and a vibrant mix of retail and service businesses, the location provides asteady flow of both loyal and walk-in clientele.
How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
1 Bath Commercial Property in Toronto
About 298 Main Street
An exceptional opportunity to acquire A Plus Cut, a well-established and profitable hair salon that has operated under its current name for over 42 years. The owner has proudly served the local community for more than 50 years, building an outstanding reputation and an exceptionally loyal, multi-generational clientele. Families have returned for decades, with parents introducing their children and grandchildren, creating a strong foundation of repeat business while new customers continue to discover the salon through its excellent reputation and word-of-mouth referrals. Ideally situated at the highly visible intersection of Danforth Avenue and Main Street, the salon enjoys outstanding exposure, heavy pedestrian and vehicle traffic, and excellent access to public transit. Surrounded by high-rise condominiums, apartment buildings, established neighbourhoods, and a vibrant mix of retail and service businesses, the location provides asteady flow of both loyal and walk-in clientele. Operating successfully in an area with limited direct competition, this turnkey business offers stable income, an established brand, and excellent potential for an owner-operator or investor looking to continue a respected legacy in one of Toronto's busiest commercial corridors.
Toronto business priced at $199,888 — book a tour to see if it fits your search.
Inside 298 Main St
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
298 Main St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5190.6%On average, homes sold at or above asking.
Active listings12,081Homes for sale here right now.
Median vs prior 90 days+0.4%Compared with May 10 – Aug 8, 2026: prices up.
Based on 9,132 sales from Aug 8 – Nov 6, 2026 (7,132 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
298 Main St is listed at $199,888 (MLS® E13518632). Summitly updates the price as soon as the MLS® record changes.
Has the price of 298 Main St changed?
Yes — it was first listed at $249,888 and is now $199,888, a drop of $50,000 (20.0%).
How many bedrooms and bathrooms does 298 Main St have?
298 Main St has 1 bathroom. It is a commercial property in Toronto.
Is 298 Main St close to transit?
The nearest rapid-transit station is Main Street Station (Line 2), about 140 m (about a 2-minute walk) in a straight line. Danforth GO Station is about 200 m (about a 3-minute walk), and Woodbine Station is about 870 m (about a 11-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 298 Main St compare with other homes in Toronto?
Its asking price of $199,888 is about 76% below the median sold price in Toronto over the last 90 days, $843,500, across 9,132 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 298 Main St been sold before?
Summitly has no earlier MLS® sale or lease of 298 Main St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 298 Main St?
298 Main St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 298 Main St been on the market?
127 days — 298 Main St was listed on July 2, 2026.
What is the land transfer tax on 298 Main St?
About $3,448 at the asking price of $199,888: $1,724 Ontario land transfer tax plus $1,724 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 298 Main St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 298 Main St?
The listing for 298 Main St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 298 Main St built?
The listing for 298 Main St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
