Skip to content
1 / 9
For saleMLS® C13662250

290 Gerrard Street E, Toronto, ON M5A 2G4

Cabbagetown-South St. James Town · C08 · M5A 2G4

$98,000

$109 / sq ft

2 months on market

Total area
900 sf
Lot
17.25 × 132 ft

What's special

  • Yes

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

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

This property's sale history is hidden

TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.

Unlock sale history & sold price

Free. Takes about twenty seconds.

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.

$55KMedian $149K$399K
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

Down payment5.0% · minimum $4,900
$4,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
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.

$98,000

Contact Book a viewing

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.

Unlock nearby sold prices

Free. Takes about twenty seconds.