$3500.00 PSF/yr
1398 Queen Street E Main Floor, Toronto, ON M4L 1C9
Greenwood-Coxwell · E01
Listing courtesy of ROYAL LEPAGE ESTATE REALTY
Greenwood-Coxwell · E01 · M4L 1Z7
$3000.00 PSF/yr
3 weeks on market
Turnkey restaurant space available for lease and rebranding along Gerrard Street East, within the rapidly evolving district historically known as Little India. This efficient 1,200 Sq Ft space offers seating for 42 guests and established restaurant infrastructure, providing an excellent opportunity to launch an independent restaurant, franchise, global food concept, or other compatible use. Surrounded by an expanding mix of cuisines, businesses, and residential development, the property is well positioned within one of Toronto's most dynamic emerging east-end destinations. Step into a well-equipped commercial space where much of the costly infrastructure is already in place. The premises feature a full commercial kitchen with an 8-ft exhaust hood, walk-in refrigerator, freezer, and robust 200-amp electrical service. The efficient layout can support dine-in service, takeout and delivery, catering, meal preparation or a ghost kitchen, bakery or café operations, a franchise, specialty food retail, or another permitted commercial concept. It offers a new operator the opportunity to open sooner while avoiding the considerable time, construction costs, and complications involved in building a commercial space from scratch. A brand-new lease will be created, starting at only $3,000 per month in Base Rent plus $1,500 in TMI, for a total Gross Rent of just $4,500 per month. With landlord open to a wide range of businesses, uses, and creative concepts, this is a rare opportunity for an entrepreneur, established operator, franchisee, or growing brand to secure an adaptable space in an evolving east-end neighbourhood.
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 priceFree. Takes about twenty seconds.
Listing courtesy of ROYAL LEPAGE SIGNATURE 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.
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 pricesFree. Takes about twenty seconds.
$3500.00 PSF/yr
Greenwood-Coxwell · E01
Listing courtesy of ROYAL LEPAGE ESTATE REALTY
$2500.00 PSF/yr
Greenwood-Coxwell · E01
Listing courtesy of MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.
$3500.00 PSF/yr
Greenwood-Coxwell · E01
Listing courtesy of MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.