Gaudy and much-loved discount store Honest Ed’s is up for sale

Gaudy and much-loved discount store Honest Ed’s is up for sale

(Image: marioanima)
 

More than six decades after the late Ed Mirvish opened his iconic emporium at Bloor and Bathurst, his family is looking to sell the valuable, subway-adjacent property. The National Post reports that several real estate companies have quietly been invited to bit on Honest Ed’s and a large swath of neighbouring land in a deal that could be worth $100 million. However, Mirvish’s son David—who has already riled up some change-averse Torontonians with plans to raze the Princess of Wales Theatre—refused to comment on a possible sale. What he did say: “everything is on the market with me …  you never know what will happen in the future.” Not exactly reassuring. [National Post]