96 GERRARD ST E - Main photo, Toronto, Ontario

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$349,000

96 GERRARD ST E — Toronto, Ontario

M5B1G7

CENTURY 21 RIGHT TIME REAL ESTATE INC.

About This Property

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:63357)

CENTURY 21 RIGHT TIME REAL ESTATE INC.

Property Location

Map

Property Details

Property Type: Commercial
Status: Active

Location & Neighborhood

What's nearby 96 GERRARD ST E

Nearby Schools

Catchment · ElementaryOur Lady of Lourdes
Toronto Catholic DSB
Assigned
Catchment · Secondary
Jarvis Collegiate Institute
Toronto District School Board
Assigned
Collège Français
School
0.3 km
Church Street
School
0.4 km
St Michael’s Choir
School
0.5 km
St Michael's Choir
School
0.5 km
Gabrielle-Roy
School
0.6 km

Parks & Recreation

Pitman Quad
park
0.2 km
Kerr Hall Quad
park
0.2 km
Allan Gardens
park
0.3 km

Transit Access

Jarvis Street
Light Rail
0.2 km
Church Street
Light Rail
0.2 km
Gerrard Street East
Bus Stop
0.4 km
Gerrard Street
Bus Stop
0.4 km
Elm Street
Bus Stop
0.4 km

Local Amenities

Dining

Bocconcini Pizza and Wings38m
Kiyomio79m

Coffee & Cafes

18 Feet49m
Bulldog Coffee0.1 km

Grocery

Jarvis Market98m
Fleets Food0.1 km

POI data updated 8/1/2026

Toronto Market Snapshot

9,627

Active Listings

$934K

MLS® HPI Benchmark

Avg Days on Market

Source: Toronto Regional Real Estate Board, June 2026.

Last updated: Aug 1, 2026

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