1060 Gerrard Street, Toronto (South Riverdale) - Business for Sale
1060 Gerrard Street, Toronto (South Riverdale), Ontario, M4M1Z8
This business in Toronto is for sale offering roughly 1,900 sq ft of space.
Description
Beautifully renovated dcafe or brunch restaurant located in the East End. This great setup is perfect for anyone looking to start up or expand their business. The space is 1,900 square feet with a basement for storage. Rent is $6,315, which includes TMI and HST, and the lease expires in October 2028 with an option for an additional 5 years. Please do not go direct and engage the owner or employees. (id:66096)
Property Details
- MLS®
- E13147710
- Property Type
- Business
- Business Type
- Food Services and Beverage
- Zoning
- Commercial
- Bathrooms
- 2
- Interior Size
- 1,900 ft²
- Lot Size
- 18 × 110 ft (2,020 sq ft)
- Frontage
- 18 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 169 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 169 days on market, against an average age of 47 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (South Riverdale) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M4M)
This home lists at $65,000, about 0.7× the local median household income of $99,000.
Carrying it typically needs a household income of about $12,697 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $99,000
- Population
- 25,052
- Median age
- 38.8
- Owner / renter
- 56% / 44%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA M4M)
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$65,000
Toronto