Skip to content
1 / 14
For saleMLS® C13861110

96 Gerrard Street E, Toronto, ON M5B 1G7

Church-Yonge Corridor · C08 · M5B 1G7

$118,300

1 months on market

Bathrooms
1
0

What's special

  • Yes

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

About this property

Rare opportunity to own an established convenience store on the Toronto Metropolitan University (TMU) campus. Street-front on Gerrard St. East at the base of a student residence with 500+ residents, giving built-in customers every day of the week. Over 47,000 students attend TMU. Approx. 850 sq ft with only about half currently used for retail, leaving plenty of room to grow sales. The lease grants exclusive convenience store use in the building and runs to Sept. 2032, plus one 5-year renewal option. Lottery (OLG) terminal and ATM on site. Turnkey business, ideal for an owner-operator or family. Steps to College and Dundas subway stations, Yonge St. and the Eaton Centre. Inventory not included in price. Owner operates short hours from 11am to Midnight. HUGE UPSIDE for the new owner to open early morning hours to get Rush Hour Income !!

Property details

Property

Property type
business
Bathrooms
1
Zoning
Commercial Retail
Possession
TBD

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Other

Costs

List price
$118,300

Listing

MLS® number
C13861110
Status
For sale
Listed
October 5, 2026
Days on market
31
Last updated
October 5, 2026
Listing brokerage
LSG REALTY INC.

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 19% of comparable business for sale listings in Church-Yonge Corridor are asking less.

$70KMedian $207K$748K

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 $5,915
$5,915
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$621.40
Estimated monthly
$621

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
$908
Toronto municipal
$908
Total due on closing
$1,816

An estimate on the asking price of $118,300. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of LSG 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.

$118,300

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.

Similar properties nearby