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181 University Avenue G20, Toronto, ON M5H 3M7

Toronto C01, ON, M5H 3M7 · Bay Street Corridor

Sq Ft
Sale Of Business Type
C13242454 MLS#

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.

Features & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Gas Forced Air Open

Property Details

Property Type Commercial
Property Sub-Type Sale Of Business
Garage None
Heat Type Gas Forced Air Open
Cooling Yes
Annual Tax $14,208
Tax Year 2026

Building & Construction

Building Area Total
391

Heating & Cooling

Heat Type
Gas Forced Air Open
Cooling
Yes

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Units
Feet
Lot Depth
0.00
Lot Width
0.00

Financial & Tax

Tax Annual Amount
$14,208
Tax Year
2026
Possession Type
30-59 days
Possession Details
TBD

Additional Details

Occupant Type
Tenant
County Or Parish
Toronto
Cross Street
University Ave/ Adelaide St W
Directions
University Ave / Adelaide St W
Showing Requirements
Go Direct

Location

181 University Avenue G20, Toronto, ON M5H 3M7, Toronto C01, ON, M5H 3M7

Listing courtesy of HOME STANDARDS BRICKSTONE REALTY
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