For SaleSale Of Business

1058 Gerrard Street E

$425,000
166d on market
MLS# E12808366South Riverdale, Toronto · M4M 1Z8
Bedrooms
Parking
None

About This Listing

Exciting opportunity to take over a standout restaurant space in Toronto's vibrant neighborhood at 1058 Gerrard Street E Toronto. Offering approximately 3,367 sq. ft. with two patios-perfect for private events, seasonal service, and added revenue-this location is built for a strong dine-in experience. The premises are LLBO licensed and can be converted to your own cuisine and concept, making it ideal for an owner-operator or growing brand ready to make an impact. Spaces like this don't last long-bring your dream to life in a prime Toronto setting.SELLER WILL CONSIDER 10% VENDOR TAKE BACK

Monthly Mortgage (P&I)$1,852
Property Tax (est.)$230
Maintenance Fees$0
Total Monthly Cost$2,082

Down payment: $85,000 (20.0%) · Mortgage: $340,000

Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberE12808366
Property TypeSale Of Business
StyleWithout Property
Listing TypeFor Sale
StatusActive
Parking TypeOutside/Surface
Days on Market166
Listed2026-02-21
CommunitySouth Riverdale
MunicipalityToronto
Cross StreetGerrard/Jones

Listing provided by CENTURY 21 PEOPLE`S CHOICE REALTY INC.

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Data last updated: August 23, 2026 at 10:26 a.m.