Property
Type, style and structure
- Type
- commercial
- Style
- business / Business
- Basement
- None
+22 more
Property Snapshot
Key details for this listing
MLS #40852588
Costs
Price, taxes and monthly charges
- List Price
- $299,000
- Days on Market
- 85
- Status
- Active
About This Property
This business in Toronto is available for your consideration. The home features a none basement.
MLS Remarks
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:60351)
Full Listing Details
Address96 GERRARD ST E
MLS#40852588
Listing StatusActive
Property TypeCommercial
Sub-TypeBusiness
TransactionSale
Days on Market85
StyleBusiness
CityToronto
ProvinceOntario
Postal CodeM5B1G7
BasementNone
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