96 GERRARD ST

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.

Listing Details

MLS #

40852588

Board

ITSO

Market

ontario

Property Type

Commercial

Style

Business Opportunity

Listed By

CENTURY 21 RIGHT TIME REAL ESTATE INC.

Presented By

REMAX Hallmark®

Listed On

July 31, 2026

Days on Market

75