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, d 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. A comprehensive list of chattels and equipment is available upon request. Exceptionally low monthly rent of approximately $ 8,000 (inclusive of TMI and HST).
Address
76 Gerrard Street E
List Price
$185,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Toronto C08
Sub-Area
Church-Yonge Corridor
Region
Toronto
Lot Type
Unit
Lot Size Units
Feet
Total Building Area
1500
Occupant Type
Owner
Cross Street
Church St And Gerrard St
MLS® Number
C13628236
Listing Brokerage
HOMELIFE BROADWAY REALTY INC.
Basement
Yes
Postal Code
M5B 1G6
Posession Details
TBA
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Type
Gas Forced Air Open
Cooling
Yes
Cooling Features
Yes
Garage Type
None
Tax Legal Description
Pt Lt 19 N/S Gerard St Pl 22A Toronto Pt 2 63R2036; City of Toronto
Login To View 12 Additional Details On 76 Gerrard Street E
Get instant access to more information with a free account.
Already have an account? Login
