1056 Gerrard Street, Toronto E01, ON M4M 1Z7

North Riverdale · M4M 1Z7

$99,000

MLS® #E13426508

2

Bathrooms

About This Property

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 a15 ft commercial hood, walk in cooler, 25 seats, basement, and rear delivery access. One parking spot 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 5year option to renew.

General Information

Property Type: Commercial
Subtype: Sale Of Business
Transaction: For Sale
Status: Active

Building & Mechanicals

Heating: Gas Forced Air Closed
Cooling: Yes

Parking & Garage

Garage Type: Street

Lot & Land

Mortgage Calculator

Home Price

Down Payment %

Rate %

Amortization (years)

Estimated monthly payment

$486

Down payment: $19,800 · Loan: $79,200

Estimate only. Actual rates and payments vary by lender.

Listing Information

Last Updated: Jun 10, 2026

Listing courtesy of:

REON HOMES REALTY INC.

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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Jun 10, 2026.

Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.