$128,000
FOR SALE

Business for Sale

Dry Cleaning/Laundry


2026 Taxes: $14,208

181 University Ave #G20
Toronto, ON M5H 3M7 | Bay Street Corridor

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. Please contact the Listing Agent for further details.
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Listed By HOME STANDARDS BRICKSTONE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C13242454
Last Updated Jun 04, 2026
Property Summary
Property Type Business For Sale

More like this:
Use Dry Cleaning/Laundry
Franchise Non-Franchise
Possession Date TBD
Taxes (2026) $14,208
Directions/Cross Streets University Ave/ Adelaide St W
Neighbourhood Bay Street Corridor
Area Toronto
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Air Conditioning Yes
Chattels Y
Garage Type None
Heat Type Gas Forced Air Open
Financial Statement Y

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