96 Gerrard St E, Toronto, Ontario

$319,900

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About 96 Gerrard St E

This business sale makes sense — an exceptional opportunity to own a well-established Fat Bastard Burrito franchise in one of downtown Toronto's busiest corridors, steps from Toronto Metropolitan University, Yonge-Dundas Square, the Eaton Centre, and St. Michael's Hospital, with strong, consistent foot traffic from students, residents, and commuters year-round. Monthly sales average approximately $47.5K, and the 1,200 sq. ft. space carries one of the lowest rents in the downtown core at just $5,500/month, including TMI, with utilities averaging approximately $305/month. Royalty is 8% and marketing fee is 2%. The lease is with a student housing cooperative and runs until 2032, with two additional 5-year renewal options — a particularly attractive, long-term security rarely found in this market. (id:6289)

More Info on this MLS® listing

96 Gerrard St E is a listing for sale in Toronto. The MLS® number is 40852588. It's currently listed for $319,900. For more details on MLS® 40852588, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Toronto is available now!

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Features of 96 Gerrard St E

Listing # 40852588
Price $319,900
Type Business

Community Information

Address 96 Gerrard St E
City Toronto
Province Ontario
Postal Code M5B1G7

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No
Basement None

Listing Details

Listing Map

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