Tuesday, 16 July 2013

News: Honest Ed’s Reportedly For Sale

The National Post is reporting that Honest Ed’s, the kitschy discount emporium at Bloor and Bathurst has been discreetly put on the market. The store and several adjacent properties collectively known as Mirvish Village are being valued at $100 million.

Honest Ed’s opened in 1948 to instant popularity and has become a local institution with its cheeky handmade posters and its massive signature outdoor signage. The 165,000 square foot store will soon celebrate its 65th anniversary.

First the Mirvish owned Princess of Wales Theatre is planned to be demolished for a condo development and now Honest Ed’s is on the block. It makes one wonder what would Ed think?

[Image via Honest Ed’s]