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$129,000
Available - For Sale
Listing ID: E13196530
1056 Gerrard Street , Toronto, M4M 1Z7, Toronto


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.
Price $129,000
Taxes: $0.00
Tax Type: TMI
Occupancy: Tenant
Address: 1056 Gerrard Street , Toronto, M4M 1Z7, Toronto
Postal Code: M4M 1Z7
Province/State: Toronto
Directions/Cross Streets: Gerrard & Jones
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 800.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 11.30 a
Employees #: 2
Seats: 25
Washrooms: 2
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
REON HOMES REALTY INC.
Personal Picture
Ali Shahpazir
Sales Representative
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416-473-8225
Bus:
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto E01
Neighbourhood: North Riverdale
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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