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Fort York

The trouble is that those shops or stores are leased. Subject to rent increases, which as commercial are not protected by rent controls. Many of the stores along streets in the older parts of the city are owned by the store owner (IE. Honest Ed). While property taxes, utilities, wages, etc. go up, eventually (25 years?) the mortgage would be paid off.

More likely, the landlords would prefer to lease the stores to chain or franchises, than a new mom n' pop store.
 

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