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$299,000

96 Gerrard St E

Toronto, Ontario

96 Gerrard St E photo 1
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Sqft

1,200

Type

Sale Of Business

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. **INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

Listing Details

MLS #
C13635836
Board
PROPTX
Market
ontario
Property Type
Sale Of Business
Style
Without Property
Garage
None
Basement
N
Heating
Gas Forced Air Closd
Cooling
Y
Listed By
CENTURY 21 RIGHT TIME REAL ESTATE INC.
Listed On
July 31, 2026

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