1024 Gerrard Street E

Blake-Jones, Toronto, M4M 1Z5

$149,000

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Listed 138 days ago · MLS® E13237638

About this home

Location! Established Llbo Noodle Restaurant Business For Sale On Busy Gerrard St. Near Established Brand Stores Like Walmart, Tim Hortons, Mcdonalds And Major Banks. Well Kept With 9Ft Hood, Walk-In Cooler And Basement With Storage. LLBO For 34 Seats. New HVAC And Tankless Water Heater. Rent $6190/ Monthly (Include Tmi & Hst), Lease Term Till Sep 30, 2028 And Another 5 Years Renewable.

Details

Type
Sale Of Business
Garage
Outside/Surface
Property tax
$906 (2025)
Neighbourhood
Blake-Jones
Municipality
Toronto E01

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes

Building and exterior

Building area
1,100 Square Feet

More

Possession
TBA
Cross street
Gerrard & Jones
Business type
Restaurant

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Donlands Subway1.3 km
  • 🚇 Pape Subway1.4 km
  • 🚆 Danforth GO3.6 km

Within a 10-minute walk: 3 grocery stores, 66 cafés and restaurants, 14 parks, 7 pharmacies. Nearest grocery: Philippine Oriental Food Market (50 m). Nearest park: Matty Eckler Playground (150 m).

Schools nearby

Elementary

  • Blake Street Junior Public School
    EQAO: Gr 6 reading 92%, math 40%
    5 min walk
  • Leslieville Junior Public School
    EQAO: Gr 6 reading 74%, math 33%
    6 min walk
  • École élémentaire catholique du Bon-Berger French7 min walk
  • Pape Avenue Junior Public School
    EQAO: Gr 6 reading 98%, math 71%
    7 min walk

Secondary

  • Riverdale Collegiate Institute
    EQAO: Gr 9 math 77%, literacy test 95%
    4 min walk
  • East Alternative School of Toronto6 min walk
  • Earl Grey Senior Public School15 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M4M

Owners / renters
56% / 44%
Median household income
$99,000
Average age
40
Children under 15
14%
Homes
6% detached, 25% high-rise
Commute by transit
25%
Population
25,052

Languages spoken most at home besides English: Yue (Cantonese) 6.3%, Mandarin 3.5%, Vietnamese 1.5%, Spanish 0.6%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in South Riverdale (2025): about the Toronto average, down 17% from the year before.

  • Assaultabout average
  • Break and enter40% above average
  • Auto theftabout average
  • Robberyabout average
  • Theft from vehicles65% above average
  • Shootings61% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 3 active

  • 425 CARLAW AVE · 400 m
    Site Plan · Under Review · applied 2024
    Site Plan Control Placeholder for Gerrard Station, one of the stations included in the Ontario Line Elevated Guideway and Stations contract.
    Application details
  • 395 LESLIE ST · 350 m
    Site Plan · Under Review · applied 2020
    Proposal for six detached dwellings and 4 semi-detached dwellings have a total residential gross floor area of 2,811 square metres.
    Application details
  • 354-358 PAPE AVE · 300 m
    Site Plan · Under Review · applied 2014
    Combine application for rezoning and site plan approval to permit a proposed mixed use development. The proposed building will be 8 storeys (24.6 metres in…
  • 1012 GERRARD ST E · 50 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2024
    Zoning By-law Amendment application to permit a 14-storey mixed use building containing 112 residential units and 7,899 square metres of gross floor area…
    Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 4 km. Transit times · Driving times

Coming transit

  • 🚧 Gerrard 500 m
  • 🚧 Leslieville Ontario Line1.2 km · opening early 2030s
  • 🚧 Pape 1.3 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 1 source nearby

  • 🚆 Rail line (Kingston Subdivision)200 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Multiple Projects · 2017 · Closed
    Proposal to construct a front second storey addition over existing commercial space and interior alterations to second floor existing…

6 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

52 City street trees within 100 m, mostly maples. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by BAY STREET GROUP INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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