253 Gerrard Street East, Toronto (Moss Park) - Business for Sale
253 Gerrard Street East, Toronto (Moss Park), Ontario, M5A2G1
This business in Toronto is for sale offering roughly 900 sq ft of space.
Description
Cozy and inviting, this family restaurant and cafe is a true gem. 900 square feet. Seating area for 24 plus guests, and a well-equipped, well-laid-out induction kitchen with all new and professionally-maintained equipment This beloved neighborhood spot is well renowned and receiving impressive recognition as one of the city's best new restaurants serving authentic Southeast Asian fare. Continue to help build this accredited brand or get into business with a turn key set up, a favorable lease, and thoughtful infrastructure in place. Owners willing to provide recipes and training to the buyer to help ensure a smooth and seamless transition Current rent is only $3600.00 / month inclusive of TMI and Water. - This can't be beat. (id:66096)
Property Details
- MLS®
- C13670844
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial /Retail
- Bathrooms
- 1
- Interior Size
- 900 ft²
- Heating
- Baseboard heaters
- Cooling
- Partially air conditioned
- Listed
- 85 days ago
Market Timing
Long Listed: 85 days on market, against an average age of 62 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 (Moss Park) 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 (M5A)
This home lists at $99,000, about 1.4× the local median household income of $71,000.
Carrying it typically needs a household income of about $19,338 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $71,000
- Population
- 48,978
- Median age
- 36.4
- Owner / renter
- 35% / 65%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA M5A)
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$99,000
Toronto