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$ 129,000
Est. payment /mo
New
1056 Gerrard ST Toronto E01, ON M4M 1Z7
2 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Municipality Toronto E01
Subdivision North Riverdale
MLS Listing ID E13196530
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Busy intersection of Gerrard & John with excellent visibility and nonstop traffic day and night. Located next to a high school with approximately 1,500 students, creating strong daily walk-in traffic and takeout demand. Recently renovated 800 sq. ft. restaurant space featuring a 15 ft commercial hood, walk in cooler, 25 seats, basement, and rear delivery access. One parking spot is included in the rent. Bright and inviting space with lots of natural light and large front windows, perfect for attracting walk in customers. Excellent opportunity for many different food concepts. Fast food concepts such as burgers, fried chicken, chicken wings, shawarma, takeout, and similar uses would do very well in this location. Rent is $5,600 (TMI, HST & water included), 4.5 years remaining on the current lease, plus a 5-year option to renew.
Location
Province ON
County Toronto
Community Toronto E01
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Available
Others
ParcelsYN No
Listed by REON HOMES REALTY INC.