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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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1056 Gerrard Street Toronto E01
For SaleSouth Riverdale

1056 Gerrard Street Toronto E01, Sale Of Business for Sale

MLS® E13426508

South Riverdale, Toronto, ON

151 days on market
$99,000
Show on Map
Show on Map
N/ABeds
2Baths
800Sqft
N/AParking
Sale Of Business

Overview· 1056 Gerrard Street Toronto

MLS® #E13426508

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.

Broker

REON HOMES REALTY INC.

Neighbourhood

South Riverdale

Walk 23Avg $973KArea guide

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Walk Score®97Walker's ParadiseWalker's Paradise
Transit Score®81Excellent TransitExcellent Transit
Bike Score®92Biker's ParadiseBiker's Paradise
Schools9728 schools within 1.5 km · nearest 213 m28 schools within 1.5 km · nearest 213 m
Parks6611 parks within 1 km · nearest 475 m11 parks within 1 km · nearest 475 m
Convenience5914 groceries, cafes and pharmacies within 1 km · nearest 368 m14 groceries, cafes and pharmacies within 1 km · nearest 368 m
Safety20Safer than 20% of Toronto neighbourhoods (2025)South Riverdale: 1,916 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 1056 Gerrard Street Toronto

Source: MLS® listing data
1056 Gerrard Street Toronto

Sale Of Business

1056 Gerrard Street Toronto

South Riverdale

Type

Sale Of Business

Parking

Street

Property Tax

~$0/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

800 sqft

Parking

Street

Finances

List Price

$99,000

Price per SQFT

$124/sqft

Property Tax

~$0/yr

Property Specs

Property Type

Sale Of Business

MLS Size

800 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

South Riverdale

Listed On

Jun 10, 2026

Price & Listing History

Days on Market

Current: 151 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 1056 Gerrard Street Toronto.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$398/mo
Total Monthly$398

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0