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$84,000

Unit HSC 107 - 700 University Ave

Toronto C01, ON M5G 1Z5

Unit HSC 107 - 700 University Ave, Toronto C01Listed at $84,000 Sale Of Business. MLS® C12729470.

415Sq Ft
Footwear
Sale Of Business

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.

Business Details

Property Sub-TypeSale Of Business
Business TypeFootwear
Property UseWithout Property
Occupant TypeTenant
Hours of Operation9:00AM-5:00PM
FranchiseNo
Chattels IncludedYes
Full-Time Employees1
Financial StatementsNot Available
Showing RequirementsSee Brokerage Remarks
Possession Type30-59 days
Listing Expires7/25/2026

Commercial Space & Financials

Retail Area415 Sq Ft

Property Details

Property TypeSale Of Business
CommunityKensington-Chinatown
Dir/Cross StUniversity / College
Garage TypeOther
Heating TypeGas Forced Air Open
A/CYes
HSTIn Addition To
SecurityYes
Listed Date1/26/2026
Days on Market172 days
PossessionTBA

Schedule a Tour

MLS® Verified · Same-day showings available

Same-day showings available
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Property Insights

Listing Courtesy of: CENTURY 21 MYPRO REALTY

MLS® #C12729470

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Sale Of Business is located in the Kensington-Chinatown community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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