For saleMLS® E13147710

1060 Gerrard Street E, Toronto, ON M4M 1Z8

South Riverdale · E01 · M4M 1Z8

$65,000

$34 / sq ft

3 months on market

Bathrooms: 2
Total area: 1,900 sf
Lot: 18.34 × 110.16 ft

What's special

Street garage

$65,000

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About this property

Beautifully renovated dcafe or brunch restaurant located in the East End. This great setup is perfect for anyone looking to start up or expand their business. The space is 1,900 square feet with a basement for storage. Rent is $6,315, which includes TMI and HST, and the lease expires in October 2028 with an option for an additional 5 years. Please do not go direct and engage the owner or employees.

Property details

Property

Property type: business
Bathrooms: 2
Interior size: 1,900 sq ft
Lot size: 18.34 × 110.16 ft
Possession: TBA

Interior

Heating: Gas Forced Air Closed
Cooling: Yes

Exterior & services

Garage: Street
Sewer: Sanitary+Storm

Costs

List price: $65,000
Price per sq ft: $34

Listing

MLS® number: E13147710
Status: For sale
Listed: May 20, 2026
Days on market: 116
Last updated: May 24, 2026
Listing brokerage: RE/MAX EXCEL REALTY LTD.

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 South Riverdale are asking less.

$60KMedian $149K$365K

Based on 9 comparable active business for sale listings in South Riverdale. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $3,250

$3,250

Interest rate5-year fixed, illustrative only

4.49%

Amortization

Principal & interest: $341.43
Estimated monthly: $341

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.

First-time buyerInside the City of Toronto

Ontario: $375
Toronto municipal: $375
Total due on closing: $750

An estimate on the asking price of $65,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX EXCEL REALTY LTD.. 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.

30

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29

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