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$79,000

1056 Gerrard St

Toronto E01, ON M4M 1Z7

1056 Gerrard St, Toronto E01 — Listed at $79,000, 2 bathroom Sale Of Business. MLS® E13538848.

2Baths
Restaurant
Sale Of Business
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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 5year option to renew.

Property Details

Property TypeSale Of Business
CommunityNorth Riverdale
Washrooms2
Dir/Cross StGerrard & Jones
Garage TypeStreet
Heating TypeGas Forced Air Closed
A/CYes
HSTIn Addition To
Listed Date7/8/2026
Days on Market127 days
PossessionTBD

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWithout Property
Occupant TypeTenant
Hours of Operation11:30 - 9 pm
FranchiseNo
Chattels IncludedYes
Seating Capacity25
Full-Time Employees2
Financial StatementsNot Available
Showing RequirementsShowing System
Possession TypeFlexible
Listing Expires9/30/2026

This Listing Is No Longer Active

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Listing Courtesy of: REON HOMES REALTY INC.

MLS® #E13538848

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: 1056 Gerrard Street

This sale of business is located in the North Riverdale neighbourhood of Toronto.

The home offers 2 bathrooms.

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About Toronto Real Estate

This Sale Of Business is located in the North Riverdale community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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