The Tim Hortons at Parliament and Winchester (in the old Winchester Hotel building) has closed. That's surprising! Rumour has it a McDonald's is taking its place.
Oh, please not a McDs, BK or A&W. I fear that CT commercial rents are becoming so high that only large foreign fast food chains (and pot shops playing their short term hustle) can afford them. That said, I’d welcome the return of Starbucks.
The pot shop hustle? Very few of the pot shops we see everywhere are going to survive long, but it's not about growing a viable business with the revenue to pay the rent long term. It's about those who've obtained a AGCO-issued Retail Operator Licence (to sell pot) putting up their best face in order to attract investors or ideally a buyer of their business (the ROL is not transferrable, but it's owned by the business, not a person). So you put up enough money to rent the store for a max 24-month lease and make it looks nice and professional, and hope to god that you can hustle your ROL onto someone else before you run out of rent money and have to close down.
Look how many former, now closed pot shops there are in Toronto, they're everywhere. And it makes sense, since the future of pot is not bricks and mortar retail, no more than it is for books or cheese. It's home delivery that's the future - and who has the exclusive rights to that trade? Yep, the Province,
https://ocs.ca/ and once that gets up to speed, these retail pot shops are DOA.
If I was a commercial real estate owner in Cabbagetown there's no way I would rent to a pot shop, or if I did it would be high rate, short term, for the above reasons.
As for the Winchester location, my vote is a Starbucks or an independent cafe. Maybe split the property into two units?