1056 Gerrard Street
Toronto E01, ON
- 2 bath
- 800 sqft
- Sale Of Business
- 100 days on market
Busy intersection of Gerrard & John with excellent visibility and nonstop traffic day and night. Located next to a high school with approximately 1,500 students, creating strong daily walk-in traffic and takeout demand. Recently renovated 800 sq. ft. restaurant space featuring a 15 ft commercial hood, walk in cooler, 25 seats, basement, and rear delivery access. One parking spot is included in the rent. Bright and inviting space with lots of natural light and large front windows, perfect for attracting walk in customers. Excellent opportunity for many different food concepts. Fast food concepts such as burgers, fried chicken, chicken wings, shawarma, takeout, and similar uses would do very well in this location. Rent is $5,600 (TMI, HST & water included), 4.5 years remaining on the current lease, plus a 5-year option to renew.
Listing Details
- Listed
- May 27, 2026
Price History
Listing history
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Parking
- Garage
- Street
Location & Legal
- Cross Street
- Gerrard & Jones
- Zoning
- Commercial
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Restaurant
Community
Postal area M4M
- Population
- 25,052
- Private dwellings
- 12,249
- Median age
- 38.8
- Average household size
- 2.2
- Median household income
- $99,000
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.
Local market
Commercial in Toronto E01 · last 12 months
- Median sold price
- $1,180,000
- Homes sold
- 689
- Median days on market
- 9
- Sale-to-list price
- 106.2%
Based on 689 recorded sales of commercial properties in Toronto E01 over the last 12 months.
Listed by
REON HOMES REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 800 sq ft
- Price per sq ft
- $161.25
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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