G20 - 181 University Avenue, Toronto, ON M5H 3M7
Bay Street Corridor, Toronto · Near University Ave/ Adelaide St W · View map
About this home
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.
The home
- Type
- Sale of business
- Square footage
- 391 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $14,208/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- University Ave/ Adelaide St W
- Neighbourhood
- Bay Street Corridor
More
- MLS® number
- C13242454
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
181 University Avenue, Toronto, ON M5H 3M7
Bay Street Corridor, Toronto · Near University Ave/ Adelaide St W
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Listing history for 181 University Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about G20 - 181 University Avenue
Answers come straight from this home’s MLS® listing.
How much is G20 - 181 University Avenue listed for, and what would it cost each month?
G20 - 181 University Avenue is listed for $100,000. With 20% down ($20,000), the mortgage payment would be roughly $403 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,587 a month, all in. That figure is an illustration, not a quote.
Is G20 - 181 University Avenue freehold or a condo, and is there a monthly fee?
G20 - 181 University Avenue is a sale of business in Bay Street Corridor, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does G20 - 181 University Avenue have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is G20 - 181 University Avenue?
G20 - 181 University Avenue is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is G20 - 181 University Avenue heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for G20 - 181 University Avenue?
Property taxes are $14,208 a year (2026), or about $1,184 a month.
Where is G20 - 181 University Avenue?
G20 - 181 University Avenue is in the Bay Street Corridor community of Toronto. The nearest main intersection is University Ave/ Adelaide St W. The postal code is M5H 3M7.
Is G20 - 181 University Avenue still for sale?
Yes. It is an active listing (MLS® C13242454). Listings here update from the board through the day and come down once a home sells.
What are similar properties near G20 - 181 University Avenue asking?
Similar properties for sale nearby right now include 3 - 5 St Joseph Street at $99,000, 93 - 384 Yonge Street at $99,000 and 626 Yonge Street at $99,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 181 University Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at G20 - 181 University Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Bay Street Corridor, picked by style, size and price.
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Commercial retail$99,00093 - 384 Yonge Street, TorontoBay Street CorridorCourtesy of: RE/MAX REALTRON REALTY INC.View home →
Sale of business$99,000626 Yonge Street, TorontoBay Street CorridorCourtesy of: CITY PLUS REALTY INC.View home →Courtesy of: HOME STANDARDS BRICKSTONE REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.