For Sale · Toronto (North Riverdale) · Business

$79,000

1056 GERRARD STREET, Toronto (North Riverdale)

Baths

800

Sq Ft

About This Home

The details.

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 5year option to renew. (id:66635)

Summarizing the highlights...

MLS® E13538848Listing courtesy of REON HOMES REALTY INC.View on map

Property Details

Facts & features.

Property type: Business
Size: 800 sqft
Listed on: 2026-07-08
Days on market: 7
MLS number: E13538848
Data source: Toronto Regional Real Estate Board

July Value

What this home is worth.

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Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$369

$63,200 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$369

Cash flow

-$369

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Toronto (North Riverdale) right now

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$1,399,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Toronto (North Riverdale).

Household and demographic stats for Toronto (North Riverdale), from the Statistics Canada 2021 Census.

2,794,356
Population (2021): 39.6
Median age: 1,160,895
Households: 2.4
Avg household size: 51.9%
Home ownership: $84,000
Median household income

Toronto (North Riverdale) market trends

Source: Statistics Canada 2021 Census, Toronto, City, Ontario.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.