1433 Gerrard Street, Toronto, ON M7A 2J8

$179,000

Status: For sale
List price: $179,000
Bedrooms: 0
Bathrooms: 3
Type: Sale Of Business
Days on market: 1
MLS®: E14177072
Listing brokerage: ROYAL LEPAGE SIGNATURE REALTY

Property description

Turnkey restaurant located on Gerrard Street East in the heart of Toronto's vibrant Little India neighbourhood. This 1,700 Sq Ft restaurant features a full commercial kitchen and seating for 62, with a liquor license application currently underway. An excellent opportunity in one of Toronto's most established and popular dining destinations. The restaurant features a 15-ft commercial hood, one large walk-in fridge, and a well-equipped kitchen ready for continued operation. Available with training for a smooth transition or easily converted into a different concept, cuisine, or franchise. A versatile space with excellent potential for both experienced operators and new restaurateurs. Lease rate of $7,079 Gross Rent including TMI with 3 + 5 + 5 years remaining, providing excellent long-term stability. A fantastic opportunity to establish a restaurant in Toronto's thriving Little India dining district. Please do not go direct or speak to staff or ownership.

Property details

Garage: Street
Cooling: Yes
Sewer: Sanitary+Storm
Lot dimensions: 30 × 68.75 Feet
Heating: Gas Forced Air Closed
Annual taxes: $0 (2025)
Possession: TBD

Features

Public Transit
Recreation/Community Centre