Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

642 Queen Street W Bsmt, Toronto, ON M6J 1E4

Sale Of Business
$59,900

A rare opportunity to own a thriving, fully set-up pet grooming business in the heart of downtown Toronto. This modern, efficient space is turnkey and ready for its next owner to step in and grow from day one. Thoughtfully renovated, welcoming, and efficient salon layout. Loyal client database already in place. Prime Queen West location, steps from Bathurst - high foot traffic and visibility, surrounded by dense residential population and a large nearby park where people walk their dogs daily! Convenient short-term parking available both on-street and at the rear. Very low rent - a huge advantage in this location, ideal for someone with grooming experience looking to skip the setup costs and headaches of starting from scratch. Everything is in place to begin operating and growing immediately. Please do not approach the business directly or contact staff, book through agent. Only trade name is NOT included in the sale, owner has another location elsewhere. Buy and start making money immediately!

MLS number
C13607098
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
Postal code
M6J 1E4
Photos
11
48days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Charles G Fraser Junior Public School7.4 / 10
Elementary · Regular Track
TDSB boundary
Parkdale Collegiate Institute7.4 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Mary Catholic School
Toronto CDSB
Elementary149 m6.5 / 10
65% met the standard
Niagara Street Junior Public School
Toronto DSB
Elementary394 m8.2 / 10
82% met the standard
Ryerson Community School Junior Senior
Toronto DSB
Elementary535 m5.2 / 10
52% met the standard
Discovering Minds Montessori Preschool IElementary527 mNot reported
ALPHA Alternative Junior School
Toronto DSB
Elementary605 mNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 425 people.

$97,000Median household income
65%Own their home
0%Detached houses
45.2Median age
34.3%Born outside Canada
56.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35204186 — the few blocks around this address, home to 425 people. It describes the area, not this property.

425Population
45.4Average age
1.8Household size
$143,000Average household income
$97,000Median household income
65%Own their home
35%Rent
58%Condominiums
34%Born outside Canada
56%University degree
$960,000Average home value
10%Low income
30%Not in the labour force
58%Never married
Under $5,0002%
$10,000 to $14,9992%
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9994%
$40,000 to $44,9992%
$50,000 to $59,9995%
$60,000 to $69,9992%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over33%
$100,000 to $124,9999%
$125,000 to $149,9999%
$150,000 to $199,9995%
$200,000 and over11%

Percentages are of the 275 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$11,980 · minimum here is $2,995
$265.22per month
Borrowed before insurance$47,920
Total borrowed$47,920
Interest over 25 years at 4.5%$31,647

If you rented it out

-$265.22per month out of pocket
Rent$0.00
Everything it costs to hold$265.22
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 8 still in progress.

723 QUEEN ST W274 m
NOAC Issued · applied December 29, 2022

To demolish the existing two-storey, 60-bed crisis shelter building and construct a new four-storey shelter building with 63 beds and a total gross floor area of 1,319 square metres.

City planning file →
621 RICHMOND ST W317 m
NOAC Issued · applied April 29, 2022

Site Plan Control application for a 29-storey mixed-use building containing 384 new dwelling units(including 9 affordable units), a total of 22,565 sqm of residential gross floor area (GFA), and 582 sqm of retail GFA.…

City planning file →
555 RICHMOND ST W365 m
Under Review · applied April 25, 2022

Application for Site Plan approval for a new building at 555 Richmond Street West. The existing 12-storey office building fronting Richmond Street will be retained and a new 16-storey mixed-use building with commercial uses on the ground floor and 139 resident…

City planning file →
579 RICHMOND ST W340 m
Under Review · applied December 22, 2021

Site Plan Approval for the properties at 141, 149-161 Bathurst Street, 579, 589 and 591 Richmond Street West to facilitate the development of a 12-storey office building with ground related retail.…

City planning file →
555 RICHMOND ST W365 m
Under Review · applied November 5, 2021

Draft Plan of Subdivision for 1 block.

City planning file →
143 PORTLAND ST454 m
Under Review · applied November 4, 2021

*** Draft Plan of Condominium for 129 units in a 16-storey building.

City planning file →
555 RICHMOND ST W365 m
Under Review · applied June 18, 2021

Application to Amend the Zoning By-law to permit the redevelopment of the site at 555 Richmond Street West. The existing 12-storey office building fronting Richmond Street will be retained and a new 16-storey residential rental building with retail uses on the…

City planning file →
149 BATHURST ST348 m
Under Review · applied June 18, 2021

Application to Amend the Zoning By-law to permit the redevelopment of the site at 141, 149 - 161 Bathurst Street and 579, 589-591 Richmond Street West with a 12-storey non-residential building containing retail uses at the ground level and office uses above.…

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by RE/MAX ADVANCE REALTY. Listing data provided by the Toronto Regional Real Estate Board.