For Sale
1058 Gerrard Street E
South Riverdale, Toronto, ON
$425,000
0Bd
0Ba
—sqft
CommercialMLS# E12808366Listed 2026-02-2160 DOM
On the market for 60 days — longer than average. The seller may be open to negotiation.
About this home
Exciting opportunity to take over a standout restaurant space in Toronto's vibrant neighborhood at 1058 Gerrard Street E Toronto. Offering approximately 3,367 sq. ft. with two patios-perfect for private events, seasonal service, and added revenue-this location is built for a strong dine-in experience. The premises are LLBO licensed and can be converted to your own cuisine and concept, making it ideal for an owner-operator or growing brand ready to make an impact. Spaces like this don't last long-bring your dream to life in a prime Toronto setting.SELLER WILL CONSIDER 10% VENDOR TAKE BACK
Features
- Yes
Financials
Annual Taxes
$0
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield7.1% – 22.6%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market60 days
Buyer's MarketSeller's Market
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
74
/ 100
Walk Score
Very Walkable
60
/ 100
Transit Score
Good Transit
68
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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