18
$149,000
38 Avenue Road 1-2, Toronto, ON M5R 2G2
Annex · C02
1 ba
1,400 sf
1 months on marketMLS® C13831798
Listing courtesy of KW Living Realty
1 / 9
For saleMLS® C13474750
146 Cumberland Street, Toronto, ON M5R 1A8
Annex · C02 · M5R 1A8
$175,000
$216 / sq ft4 months on market
- Total area
- 810 sf
What's special
- Pay garage
- Yes
About this property
Exceptional opportunity to acquire a celebrated Italian-style gelateria and café in the heart of prestigious Yorkville. Located in one of Toronto's most elegant and sought-after neighbourhoods, this established business benefits from strong pedestrian traffic, affluent clientele, and a reputation for quality. Recognized with the ICCO Best Gelato in Ontario Award in 2022, the business offers authentic artisanal gelato alongside a popular café component, creating multiple revenue streams. A rare chance to take over a distinguished brand in a premier destination known for its luxury shopping, dining, and year-round activity.
Property details
Property
- Property type
- business
- Interior size
- 810 sq ft
- Zoning
- Commercial
- Possession
- Immediate
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Exterior & services
- Garage
- Pay
Costs
- List price
- $175,000
- Price per sq ft
- $216
Listing
- MLS® number
- C13474750
- Status
- For sale
- Listed
- June 22, 2026
- Days on market
- 136
- Last updated
- October 27, 2026
- Listing brokerage
- RE/MAX ULTIMATE REALTY INC.
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 71% of comparable business for sale listings in Annex are asking less.
$99KMedian $149K$388K
- This home
- $216 / sq ft
- Comparable median
- $119 / sq ft
Based on 14 comparable active business for sale listings in Annex. These are asking prices, not sale prices.
Mortgage estimate
Down payment5.0% · minimum $8,750
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $919.22
- Estimated monthly
- $919
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $1,475
- Toronto municipal
- $1,475
- Total due on closing
- $2,950
An estimate on the asking price of $175,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX ULTIMATE REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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