Home ›Listings ›Toronto ›C13242454

181 University Avenue Toronto C01 ON

📍 Toronto, Ontario M5H 3M7

$128,000

Active

📋 Listing Highlights

StatusActive
MLS®C13242454
ListedJun 4, 2026
Days on Market—
Property TypeCommercial
StyleSale Of Business
Cross StreetUniversity Ave/ Adelaide St W
PossessionTBD

📝 Listing 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.

🏠 Property Details

Property TypeCommercial
StyleSale Of Business

🔧 Building & Utilities

HeatingGas Forced Air Open
CoolingYes
GarageNone

💰 Financial

List Price$128,000
Annual Taxes$14,208 (2026)
PossessionTBD

🧮 Mortgage Calculator

$25,600
Est. Monthly Payment
$629/mo
Principal: $102,400 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by HOME STANDARDS BRICKSTONE REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #C13242454 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.