700 University Ave

LocationKensington-Chinatown, M5G 1Z5
$84K For Sale
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Description

Location! Location!, Excellent opportunity to own a well established and stable income business, Shoe Repair and Key Cutting Business (Gerry's Shoe Repair) located at the Shopping Concourse of High Rise Office Building in Downtown Toronto, Direct Access to Queens Park Subway Station, Lots of Traffic, Well established Clientele, Low Expenses and High Return, Current owner runs the Business for over 14 years, Open only weekdays (9AM-5PM), Potential for more income by extending opening hours, A new Shoppers Drug Mart opened adjacent to the Shopping Concourse Food Court in late 2025, Priced to Sell quickly, Owner Retiring, Owner will provide training, Current rent/month $1,876.16 (TMI & Utility included) + HST.

Features

  • Business Type
    Category: Footwear
  • Commercial Total Area
    Total Area: 415 sqft
  • Commercial Retail Area
    Retail Area: 415 sqft
  • Commercial Parking Types
    Parking Types: Other

Details

  • Commercial Zoning
    Zoning: Commercial
  • Business Hour
    Business Hours: 9:00AM-5:00PM
  • Business Opening Days
    Opening Days: Open 5 Days
  • Alcohol Allowed
    Alcohol Allowed: N
  • Number of Employees
    Total Employees: 1
  • MLS
    C12729470
  • Listing contracted with: CENTURY 21 MYPRO REALTY

Transit Accessibility

Queen's Park Subway Station (0.1km)
Union Go Train Station (1.8km)

Location