#100 66 Gerrard Street East, Toronto (Church-Yonge Corridor) - Business for Sale
#100 66 Gerrard Street East, Toronto (Church-Yonge Corridor), Ontario, M5B1G3
This business in Toronto is for sale offering roughly 1,650 sq ft of space. It has been on the market 52 days, fresher than the Toronto average of 63 days.
Description
Prime corner at Church & Gerrard, a rare opportunity! Turn-key restaurant/retail space featuring double entrances and highly visible dual exposures, fronting two busy streets with constant pedestrian and vehicle traffic day and night. Approx. 1,650 sq. ft., formerly Starbucks and currently operating as a pizzeria, ideally located in the heart of downtown just steps to TMU (Ryerson) campus, University of Toronto, and surrounding student residences. High-visibility corner unit filled with natural light. Features an open kitchen concept with ample prep space and storage, perfectly suited for a wide range of food and beverage operations. - ready to be transformed into your pizzeria, bakery, bar, cafe, or any eatery concept. (id:66096)
Property Details
- MLS®
- C13779880
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 1,650 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 52 days ago
Features
- Appliances
- Freezer
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 52 days on market, against an average age of 63 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 (Church-Yonge Corridor) has been listed for 52 days, which is 11 days fresher than the city average of 63. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5B)
This home lists at $188,000, about 3.2× the local median household income of $58,000.
Carrying it typically needs a household income of about $36,723 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $58,000
- Population
- 17,422
- Median age
- 31.4
- Owner / renter
- 28% / 72%
- Avg. household size
- 1.6
Source: Statistics Canada, 2021 Census (FSA M5B)
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$188,000
Toronto