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621 Gerrard Street E

South Riverdale, Toronto, M4M 1Y2

$179,000

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Listed 108 days ago · MLS® E13522076

About this home

Excellent opportunity to own a well-established and fully operational vape store in a high-demand Toronto location. Successfully operating for nearly two years with a stable and loyal customer base, this turn-key business is ideal for both experienced operators and first-time business owners looking to enter the growing vaping industry.The business is fully equipped with Clover POS system, custom glass display showcases, shelving, TV, fridge, microwave, interior and exterior signage, and all essential fixtures required for daily operations. Inventory is included in the purchase price (details to be confirmed through the Listing Brokerage).Outstanding security features provide peace of mind, including 8 surveillance cameras, professionally monitored alarm system, front metal security gate, rear metal security gate, and enhanced double-layer security.Efficient and functional layout includes a spacious retail area, private office, additional storage room, washroom, and basement storage, offering flexibility for future growth and day-to-day operations.Established supplier relationships, a professionally developed website with an existing online customer base, and proven operating systems allow the new owner to transition seamlessly. Seller is willing to provide comprehensive training to ensure a smooth and successful takeover, making this an excellent opportunity even for first-time business owners.Business hours are 11:00 AM - 8:00 PM (closed Tuesdays). Low monthly utility costs, two rear parking spaces, and an easy-to-manage operation make this a rare opportunity to acquire a stable, fully equipped, and profitable turn-key business with immediate operating potential.Don't miss this exceptional opportunity to own a well-established business with strong growth potential in one of Toronto's most vibrant communities.

Details

Type
Commercial Retail
Lot
14.5 × 120 ft
Garage
Lane
Property tax
$4,704 (2026)
Neighbourhood
South Riverdale
Municipality
Toronto E01

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Utilities
Available

Building and exterior

Building area
1,400 Square Feet

More

Possession
TBA
Cross street
Broadview Ave.

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

  • 🚇 Broadview Subway1.4 km
  • 🚇 Chester Subway1.4 km
  • 🚆 Toronto Union Station GO3.3 km

Within a 10-minute walk: 10 grocery stores, 70 cafés and restaurants, 24 parks, 6 pharmacies. Nearest grocery: Good Cheese (50 m). Nearest park: Hubbard Park (250 m).

Schools nearby

Elementary

  • Dundas Junior Public School
    EQAO: Gr 3 reading 66%, math 53%    7 min walk
  • Withrow Avenue Junior Public School
    EQAO: Gr 6 reading 94%, math 62%    9 min walk
  • Pape Avenue Junior Public School
    EQAO: Gr 6 reading 98%, math 71%    14 min walk
  • Sprucecourt Junior Public School
    EQAO: Gr 6 reading 85%, math 25%    15 min walk

Secondary

  • Eastdale Collegiate Institute3 min walk
  • SEED Alternative School6 min walk
  • Queen Alexandra Middle School7 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

  • 415 BROADVIEW AVE · 150 m
    Site Plan · Under Review · applied 2024
    Site Plan Approval for a proposed residential addition to the existing congregation. The proposal will contain 3,824 square metres of residential gross floor…
    Application details
  • 415 BROADVIEW AVE · 150 m
    Official Plan / Zoning By-law Amendment · Appeal Received · applied 2021
    A 10 storey building adding to, and modifying, the existing heritage church building onsite. 4,892.98 square metres of residential gross floor area (GFA) are…
    Application details
  • 238 HAMILTON ST · 200 m
    Site Plan · Under Review · applied 2018
    Site Plan Application to redevelop the lands municipally known as 563 Gerrard Street East and 238 Hamilton Street with a 13-unit mixed-use project comprised of…
    Application details
  • 400 BROADVIEW AVE · 200 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2024
    Combined Official Plan & Zoning By-law Amendment for a 20 storey non-profit Long-Term Care (LTC) home with 392 beds.
    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): 3 km. Transit times · Driving times

Coming transit

  • 🚧 Gerrard 700 m
  • 🚧 Leslieville Ontario Line750 m · opening early 2030s
  • 🚧 East Harbour Ontario Line1.2 km · opening early 2030s

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

Noise 1 source nearby

  • 🛣️ Don Valley Parkway400 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

No building permits at this address since 2014.

2 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

22 City street trees within 100 m, mostly maples. That’s fewer than 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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