$99,000
5 St Joseph Street 3, Toronto, ON M4Y 0B6
Bay Street Corridor · C01
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY
Bay Street Corridor · C01 · M5H 3M7
$100,000
$256 / sq ft5 months on market
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.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 42% of comparable business for sale listings in Bay Street Corridor are asking less.
Based on 26 comparable active business for sale listings in Bay Street Corridor. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $100,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of HOME STANDARDS BRICKSTONE REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
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$99,000
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Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY
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