96 Gerrard Street E
Church-Yonge Corridor, Toronto, M5B 1G7
$118,300
- 1 bathrooms
Listed 15 days ago · MLS® C13861110
About this home
Rare opportunity to own an established convenience store on the Toronto Metropolitan University (TMU) campus. Street-front on Gerrard St. East at the base of a student residence with 500+ residents, giving built-in customers every day of the week. Over 47,000 students attend TMU. Approx. 850 sq ft with only about half currently used for retail, leaving plenty of room to grow sales. The lease grants exclusive convenience store use in the building and runs to Sept. 2032, plus one 5-year renewal option. Lottery (OLG) terminal and ATM on site. Turnkey business, ideal for an owner-operator or family. Steps to College and Dundas subway stations, Yonge St. and the Eaton Centre. Inventory not included in price. Owner operates short hours from 11am to Midnight. HUGE UPSIDE for the new owner to open early morning hours to get Rush Hour Income !!
Details
- Type
- Sale Of Business
- Garage
- Other
- Neighbourhood
- Church-Yonge Corridor
- Municipality
- Toronto C08
Interior
- Bathrooms
- 1 × bathroom
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
More
- Possession
- TBD
- Cross street
- Gerrard & Church
- Business type
- Convenience/Variety
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
- 🚇 College Subway7 min walk
- 🚇 TMU Subway8 min walk
- 🚆 Toronto Union Station GO1.8 km
Within a 10-minute walk: 26 grocery stores, 340 cafés and restaurants, 30 parks, 34 pharmacies. Nearest grocery: Jarvis Market (100 m). Nearest park: Pitman Quad (150 m).
Schools nearby
Elementary
- Church Street Junior Public School
EQAO: Gr 6 reading 84%, math 45%6 min walk - Saint Michael's Choir School Catholic8 min walk
- École élémentaire Gabrielle-Roy French
EQAO: Gr 6 reading 100%, math 88%9 min walk - Our Lady of Lourdes Catholic School Catholic
EQAO: Gr 6 reading 80%, math 43%10 min walk
Secondary
- Collège français French4 min walk
- Native Learning Centre6 min walk
- Jarvis Collegiate Institute
EQAO: Gr 9 math 34%, literacy test 80%10 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 M5B
- Owners / renters
- 28% / 72%
- Median household income
- $58,000
- Average age
- 37
- Children under 15
- 5%
- Homes
- 0% detached, 94% high-rise
- Commute by transit
- 30%
- Population
- 17,422
Languages spoken most at home besides English: Mandarin 6.8%, Yue (Cantonese) 2.1%, Korean 1.8%, Spanish 1.7%.
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 Downtown Yonge East (2025): 123% above the Toronto average, down 17% from the year before.
- Assault207% above average
- Break and enter45% above average
- Auto theft66% below average
- Robbery83% above average
- Theft from vehicles84% above average
- Shootings47% above 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 22 active
-
335 YONGE ST · 450 mSite Plan · Application Received · applied 2026This application is to facilitate a Site Plan Agreement for the subject site, which would permit an extension of the temporary use permit for the outdoor…
-
21 MCGILL ST · 350 mSite Plan · Under Review · applied 2026Site Plan Approval for a 7-storey addition to the existing Covenant House Toronto. The proposal would increase its youth crisis and supportive housing capacity…Application details
-
349 GEORGE ST · 250 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2025Lift the Hold application related to a new 10-storey building, containing 80 emergency shelter beds, 100 transitional shelter beds, 124 long-term care beds, 70…Application details
-
2 CARLTON ST · 500 mSite Plan · Under Review · applied 2025Site Plan application for an 80-storey tower containing 69,448 square metres of residential GFA and 10,037 square metres of non-residential GFA (Non-res GFA…Application details
-
412 CHURCH ST · 200 mSite Plan · Under Review · applied 2023Application for Site Plan Control Approval for a proposed 33-storey mixed-use building.Application details
-
295 JARVIS ST · 250 mSite Plan · Under Review · applied 2022Proposal to facilitate the redevelopment of the site with a 60-storey residential building with a 9-storey podium along Jarvis Street. Overall, the proposal…Application details
30 more within 500 m.
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): 2 km. Transit times · Driving times
Coming transit
- 🚧 Moss Park 850 m
- 🚧 Queen 900 m
- 🚧 Osgoode 1.3 km
Stations under construction or approved. Opening dates are the latest public estimates and often move.
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
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.
Building permits
- Interior Alterations · 2022 · InspectionProposal to convert existing office to a new restaurant, new kitchen exhaust and make-up air.
- Other · 2021 · InspectionNew fire pumps to replace existing, new backflow preventer with bypass and meter; tandem pressure reducing valves; pump feed to the FSP…
- Garage Repair/Reconstruction · 2019 · Permit IssuedProposed underground vault room concrete repairs adjacent to an existing apartment building.
- Fire Alarm · 2019 · InspectionProposed upgrade to existing fire alarm system in student residence and hotel
- Other · 2017 · Permit IssuedRelpacement of existing deisel generators with a new generator for existing apartment building.
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
66 City street trees within 100 m, mostly maples. That’s more 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 LSG REALTY INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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