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For saleMLS® C13635836

96 Gerrard Street E, Toronto, ON M5B 1G7

Church-Yonge Corridor · C08 · M5B 1G7

$299,000

$249 / sq ft

3 months on market

Total area
1,200 sf
0

What's special

  • Yes

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About this property

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. **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

Property details

Property

Property type
business
Interior size
1,200 sq ft
Zoning
Commercial CR3
Possession
Flexible

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Sewer
Sanitary+Storm

Costs

List price
$299,000
Price per sq ft
$249

Listing

MLS® number
C13635836
Status
For sale
Listed
August 4, 2026
Days on market
92
Last updated
October 14, 2026
Listing brokerage
CENTURY 21 RIGHT TIME REAL ESTATE 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 69% of comparable business for sale listings in Church-Yonge Corridor are asking less.

$70KMedian $188K$748K
This home
$249 / sq ft
Comparable median
$158 / sq ft

Based on 16 comparable active business for sale listings in Church-Yonge Corridor. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $14,950
$14,950
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,570.56
Estimated monthly
$1,571

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
$2,960
Toronto municipal
$2,960
Total due on closing
$5,920

An estimate on the asking price of $299,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CENTURY 21 RIGHT TIME REAL ESTATE 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.

$299,000

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