181 University AVE #G20, Toronto C01, ON M5H 3M7
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181 University AVE #G20, Toronto C01, ON M5H 3M7
181 University AVE #G20, Toronto C01, ON M5H 3M7
181 University AVE #G20, Toronto C01, ON M5H 3M7
181 University AVE #G20, Toronto C01, ON M5H 3M7
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RE/MAX Aboutowne Lakeshore

RE/MAX Aboutowne Lakeshore

+1(905) 844-8068
$ 100,000
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Price Dropped by $28K

181 University AVE #G20 Toronto C01, ON M5H 3M7

391 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 391 sqft

Price per Sqft $255

Municipality Toronto C01

Subdivision Bay Street Corridor

MLS Listing ID C13242454

Annual Tax Amount $14,208

Tax Year 2026

Property Sub-Type Sale Of Business

Property Description

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

Province ON

County Toronto

Community Toronto C01

Area Toronto

Interior

Cooling Yes

Others

ParcelsYN No


Listed by HOME STANDARDS BRICKSTONE REALTY
RE/MAX Aboutowne Lakeshore

RE/MAX Aboutowne Lakeshore

Brokerage

+1(905) 844-8068

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181 University AVE #G20