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253 Gerrard Street

Toronto C08, ON M5A 2G1

ActiveFor Sale
0 Beds
1 Baths
900 Sq Ft
Commercial

About This Property

Discover a charming restaurant in the bustling East End, currently serving delightful Asian cuisine. This location spans approximately 900 sq ft and offers an incredibly affordable rent of just $3500 + HST. The lease expires in 2030 with an additional 5-year option. This prime spot is perfect for a café, dessert venue, or any type of restaurant. Don't miss this opportunity to run a restaurant for under $4,000 in rent and no TMI, water bills are fully covered by landlord. Seize the chance now!

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size900 sq ft
Bedrooms0
Bathrooms1
Postal CodeM5A 2G1
Last UpdatedAug 8, 2026 · 7:16 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® C12632304

Listed by RE/MAX EXCEL REALTY LTD.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$85,000

asking price

MLS®C12632304
TypeCommercial
CityToronto C08
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$415

/month · $68,000 mortgage

Down Payment20% — $17,000
Interest Rate5.5%

Amortization

Total Interest

$56,520

Total Cost

$124,520

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

RE/MAX EXCEL REALTY LTD.