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For saleMLS® C14019232

76 Gerrard Street E, Toronto, ON M5B 1G6

Church-Yonge Corridor · C08 · M5B 1G6

$165,000

$110 / sq ft

3 weeks on market

Total area
1,500 sf
0

What's special

  • Yes

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About this property

An exceptional opportunity to acquire a fully built-out, 1,500 sq. ft. turnkey restaurant space located at 76 Gerrard Street East, in the heart of downtown Toronto. Currently operating as a fully equipped Omakase Japanese restaurant, this premium location is positioned directly across from Toronto Metropolitan University. The property benefits from high-traffic visibility, dense pedestrian footfall, and immediate proximity to high-density residential condominiums, making it an ideal venue for established brands, expanding franchises, or independent operators. The premises feature an LLBO license accommodating 70 indoor seats and 59 outdoor patio seats. The versatile layout allows for seamless conversion to suit any culinary concept. Exceptionally low monthly rent of approximately $ 8,000 (inclusive of TMI and HST).

Property details

Property

Property type
business
Interior size
1,500 sq ft
Zoning
Commercial
Possession
TBA

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Costs

List price
$165,000
Price per sq ft
$110

Listing

MLS® number
C14019232
Status
For sale
Listed
October 13, 2026
Days on market
23
Last updated
October 13, 2026
Listing brokerage
HOMELIFE BROADWAY 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 38% of comparable business for sale listings in Church-Yonge Corridor are asking less.

$70KMedian $207K$748K
This home
$110 / sq ft
Comparable median
$225 / 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 $8,250
$8,250
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$866.70
Estimated monthly
$867

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
$1,375
Toronto municipal
$1,375
Total due on closing
$2,750

An estimate on the asking price of $165,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMELIFE BROADWAY 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.

$165,000

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