$129,000
FOR SALE

Business for Sale

Restaurant

1056 Gerrard St
Toronto, ON M4M 1Z7 | North Riverdale

Busy intersection of Gerrard & John with excellent visibility and nonstop traffic day and night. Located next to a high school with approximately 1,500 students, creating strong daily walk-in traffic and takeout demand. Recently renovated 800 sq. ft. restaurant space featuring a 15 ft commercial hood, walk in cooler, 25 seats, basement, and rear delivery access. One parking spot is included in the rent. Bright and inviting space with lots of natural light and large front windows, perfect for attracting walk in customers. Excellent opportunity for many different food concepts. Fast food concepts such as burgers, fried chicken, chicken wings, shawarma, takeout, and similar uses would do very well in this location. Rent is $5,600 (TMI, HST & water included), 4.5 years remaining on the current lease, plus a 5-year option to renew.
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Listed By REON HOMES REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E13196530
Last Updated May 27, 2026
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Possession Date TBD
Directions/Cross Streets Gerrard & Jones
Neighbourhood North Riverdale
Area Toronto
Price History

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Detailed Information
Bathrooms 2
Air Conditioning Yes
Basement Basement
Chattels Y
Garage Type Street
Heat Type Gas Forced Air Closed

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