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Inactive

$425,000

1058 Gerrard St E

Toronto E01, ON M4M 1Z8

1058 Gerrard St E, Toronto E01 — Listed at $425,000 Sale Of Business. MLS® E12808366.

Restaurant
Sale Of Business
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Description

Exciting opportunity to take over a standout restaurant space in Toronto's vibrant neighborhood at 1058 Gerrard Street E Toronto. Offering approximately 3,367 sq. ft. with two patios-perfect for private events, seasonal service, and added revenue-this location is built for a strong dine-in experience. The premises are LLBO licensed and can be converted to your own cuisine and concept, making it ideal for an owner-operator or growing brand ready to make an impact. Spaces like this don't last long-bring your dream to life in a prime Toronto setting.SELLER WILL CONSIDER 10% VENDOR TAKE BACK

Property Details

Property TypeSale Of Business
CommunitySouth Riverdale
Dir/Cross StGerrard/Jones
Garage TypeOutside/Surface
Heating TypeGas Forced Air Open
A/CYes
HSTIncluded In
Listed Date2/21/2026
Days on Market265 days
PossessionTBA

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Business NameChula Taberna Mexicana
Property UseWithout Property
Occupant TypeOwner+Tenant
Hours of OperationMon-Thurs 5:00pm -11:00Pm, Fri-Sun 11:30 am -12:00 am
FranchiseNo
Chattels IncludedYes
Seating Capacity270
Full-Time Employees30
Financial StatementsNot Available
Showing RequirementsList Salesperson
Possession TypeFlexible
Listing Expires9/30/2026

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Listing Courtesy of: CENTURY 21 PEOPLE`S CHOICE REALTY INC.

MLS® #E12808366

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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About Toronto Real Estate

This Sale Of Business is located in the South 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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