700 University Avenue Unit HSC 107
Kensington-Chinatown / Toronto C01, ON M5G 1Z5
About This Property
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.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® C12729470
Listed by CENTURY 21 MYPRO REALTY
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Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$410
/month · $67,200 mortgage
Amortization
Total Interest
$55,855
Total Cost
$123,055
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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CENTURY 21 MYPRO REALTY