NewFor sale 50$100,000
181 University Avenue #G20
Bay Street Corridor, Toronto, Ontario M5H3M7
For sale· Added
About this property
Excellent downtown Toronto location, directly across from Shangri-La Hotel and steps from the Hilton Hotel and Financial District, and the PATH system. Walk Score and Transit Score of 100. Long-established Platis Cleaners Dry Cleaning & Alterations with over 60 years of history and a strong reputation. High-traffic area with great growth potential. Approx. 80% dry cleaning , 20% alterations. Seller has operated the business for 12 years and is now preparing to retire. Independently operated business with no franchise agreement, no franchise fees, and no ongoing franchise obligations. A new lease may be available for a qualified buyer, subject to landlord approval. Very favourable occupancy costs compared to many other downtown Toronto locations. Great opportunity for an owner-operator, especially with alteration experience.
Location
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Property details
Listing
- MLS® number
- C13242454
- Added
- Jun 4, 2026 ()
- Updated
- Aug 13, 2026 ()
- Info refreshed
Overview
- Property type
- Business
Inside
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Fireplace
- No
- Appliances
- Microwave
Land
- Zoning
- Commercial
Services
- Water
- Municipal water
Location
- Cross streets
- University Ave/ Adelaide St W
- Directions
- University Ave / Adelaide St W.
Running costs
- Annual property tax
- $14,208
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