96 GERRARD ST E
Toronto, M5B1G7
Listed by Century 21 Right Time Real Estate Inc.
$299,000
Listed 82 days ago · MLS® 40852588
About this home
This business sale makes sense — an exceptional opportunity to own a well-established Fat Bastard Burrito franchise in one of downtown Toronto's busiest corridors, steps from Toronto Metropolitan University, Yonge-Dundas Square, the Eaton Centre, and St. Michael's Hospital, with strong, consistent foot traffic from students, residents, and commuters year-round. Monthly sales average approximately $47.5K, and the 1,200 sq. ft. space carries one of the lowest rents in the downtown core at just $5,500/month, including TMI, with utilities averaging approximately $305/month. Royalty is 8% and marketing fee is 2%. The lease is with a student housing cooperative and runs until 2032, with two additional 5-year renewal options — a particularly attractive, long-term security rarely found in this market. (id:66966)
Details
- Type
- Business
- Basement
- None
- Municipality
- Toronto
Interior
- Fireplace
- No
Location
Location is approximate. See nearby homes on the map
Listed by Century 21 Right Time Real Estate Inc..
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Similar homes nearby
See more in Toronto
📷 37
$299,000
Reduced $60,000 (↓ 17%)
≈ $1,309/mo mortgage · 20% down
Address withheld · University
University, Toronto
Sale Of Business · MLS® C12907188 · HOMELIFE/BAYVIEW REALTY INC.
📷 7
$299,000
Reduced $196,000 (↓ 40%)
≈ $1,309/mo mortgage · 20% down
2 ba
815 St Clair Avenue W
Oakwood Village, Toronto
WalkableSchool 3 min walkPark nearby
Sale Of Business · MLS® C13547578 · HOMELIFE/MIRACLE REALTY LTD
📷 12
$299,000
≈ $1,309/mo mortgage · 20% down
2 ba
155 Morningside Avenue 3
West Hill, Toronto
Subway 9 min walkWalkableSchool 6 min walk
Sale Of Business · MLS® E12773746 · HOMELIFE/MIRACLE REALTY LTD
📷 4
$299,000
≈ $1,309/mo mortgage · 20% down
4675 Steeles Avenue E 2FC1
Milliken, Toronto
GO station 0.1 kmWalkableSchool 10 min walk
Commercial Retail · MLS® E13559280 · SUPERSTARS REALTY LTD.
📷 5
$299,000
≈ $1,309/mo mortgage · 20% down
85 Ellesmere Road 69
Dorset Park, Toronto
WalkableSchool 6 min walk
Sale Of Business · MLS® E13570702 · HOMELIFE NEW WORLD REALTY INC.
📷 11
$299,000
Reduced $100,000 (↓ 25%)
≈ $1,309/mo mortgage · 20% down
4771 Steeles Avenue E A3-A4
Milliken, Toronto
GO station 0.3 kmWalkableSchool 7 min walk
Sale Of Business · MLS® E13757834 · BAY STREET GROUP INC.
📷 34
$299,000
≈ $1,309/mo mortgage · 20% down
1 ba
1417 Danforth Avenue
Greenwood-Coxwell, Toronto
Subway 3 min walkWalkableSchool 6 min walk
Sale Of Business · MLS® E13780182 · RE/MAX HALLMARK REALTY LTD.
📷 31
$299,000
≈ $1,309/mo mortgage · 20% down
5095 Sheppard Avenue E
Agincourt South-Malvern West, Toronto
WalkableSchool 8 min walk
Sale Of Business · MLS® E13856036 · HOMELIFE/MIRACLE REALTY LTD