Skip to main content
21 Gloucester Street

21 Gloucester Street

Toronto C08, ON

6,800 sqft • Commercial Retail • 129 days on market

$21,800/moFor Lease

An Exceptional Opportunity to Establish or Operate a Restaurant In a Highly Sought-After Location in Downtown Toronto's Church-Yonge Corridor.The Premises Benefit From an Established Operational History and Are Improved With Complete Food Service Facilities, Mechanical Exhaust, and A Functional Dining Configuration, Suitable For Immediate Occupancy. Situated On a 3,366 Sqft Lot, The Premises Comprises a Two-Storey Structure Totaling Approximately 6,800 Sqft. Above Grade (Excluding Finished Basement), Including a Substantial Ground-Level Commercial Area and a Residential Unit 775 Sq.Ft On The Second Floor. The Premiese Is Strategically Located Near Rapid Transit, Major Post-Secondary Institutions, Surrounding High-End Residential Developments, and a Densely Populated Urban Environment With Significant Pedestrian Volume. Ideally Positioned Within Immediate Proximity to Subway Transit and a Short Distance From TMU and UT, The Property Is Located In A Strong Income Demographic, and a Nearby Park, Shops, Restaurants, Within a Highly Concentrated Downtown Area Benefiting From Continuous Pedestrian Flow...

Listing Details

Taxes (2026) — owner
$7
Listed
April 15, 2026

Price History

Property

Lot Size
32.74 x 101.81 Feet

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Yonge and Wellesley
Zoning
O, R(d1*874)
Possession
Immediate

Commercial

Business Type
Hospitality/Food Related
Occupancy
Tenant
Office / Apartment Area
775 Sq Ft
Rental Term
36-120 months

Community

Postal area M4Y

Population
36,319
Private dwellings
26,472
Median age
33.2
Average household size
1.5
Median household income
$62,400

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Listed by

HOMELIFE NEW WORLD REALTY INC.

Walk Score

100

Walk

91

Transit

96

Bike

Scores by Walk Score®

Location

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Cookie Preferences