290 Gerrard Street E, Toronto, ON M5A 2G4
Cabbagetown-South St. James Town · C08 · M5A 2G4
$98,000
$109 / sq ft2 months on market
- Total area
- 900 sf
- Lot
- 17.25 × 132 ft
What's special
- Yes
About this property
Remarkable opportunity to own a beautiful and charming café in the heart of downtown! Ideally situated in a vibrant neighbourhood on a busy street with excellent exposure and steady foot traffic. Offering a delicious selection of breakfast favourites, fresh sandwiches, soups and paninis, quality coffee, and refreshing smoothies, pastries and cakes. Operating as both a takeout and sit-down café, it's the perfect spot for a quick bite or coffee on the go, as well as a relaxed business lunch or friendly get-together. Enjoy generous indoor and outdoor seating, with approximately 10 seats in the welcoming front area, seating for up to 24 guests in the spacious main room at the back, plus an outdoor patio accommodating approximately 18 guests. A full basement provides valuable additional space for storage, an office, or other business needs. A fantastic opportunity for an owner-operator or entrepreneur looking to step into a well-positioned cafe business in a prime downtown location!
Property details
Property
- Property type
- business
- Interior size
- 900 sq ft
- Lot size
- 17.25 × 132 ft
- Zoning
- CR2 (cl; r2*1911)
- Possession
- 60-120 Days
Interior
- Heating
- Electric Forced Air
- Cooling
- Yes
Costs
- List price
- $98,000
- Price per sq ft
- $109
Listing
- MLS® number
- C13662250
- Status
- For sale
- Listed
- August 11, 2026
- Days on market
- 86
- Last updated
- October 16, 2026
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Price & sale history
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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 below most comparable listings — about 22% of comparable business for sale listings in Toronto are asking less.
- This home
- $109 / sq ft
- Comparable median
- $116 / sq ft
Based on 96 comparable active business for sale listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $514.77
- Estimated monthly
- $515
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
- $705
- Toronto municipal
- $705
- Total due on closing
- $1,410
An estimate on the asking price of $98,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of REMAX YOUR COMMUNITY REALTY. 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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