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For Sale - 1056 Gerrard Street, Toronto, Ontario

1056 Gerrard Street

Toronto , Ontario

2 $99,000

Est payment $475/mo

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Time on Jump 19 day

AI Summary *

High visibility at busy intersection with heavy foot and vehicle traffic.
Located next to a high school, attracting daily walk-in customers.
Recently renovated 800 sq. ft. restaurant space with commercial kitchen.
Bright space with large windows to attract more customers.
One parking spot included, making it convenient for customers.

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Purchase Price

Term

Interest Rate

Payment Frequency

Down Payment:
$ 4,950 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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.

Listing IDE13426508

Address1056 Gerrard Street

CityToronto, Ontario

Price$99,000

Bath2 Full

StyleSale Of Business

TypeBusiness

StatusFor Sale

Extras

Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air Closed

Market Info

Listing Agency:
REON HOMES REALTY INC.

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Listing Agency:
REON HOMES REALTY INC.

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For Sale - 1056 Gerrard Street, Toronto, Ontario

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