1056 Gerrard Street
North Riverdale / Toronto E01, ON M4M 1Z7
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 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.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® E13538848
Listed by REON HOMES REALTY INC.
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Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$386
/month · $63,200 mortgage
Amortization
Total Interest
$52,530
Total Cost
$115,730
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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REON HOMES REALTY INC.