For saleMLS® C13662250

290 Gerrard Street E, Toronto, ON M5A 2G4

Cabbagetown-South St. James Town, Toronto · Near Gerrard St. / Parliament St. · View map

$98,000
900Sq ft
Sale of businessType
NoneParking
$98,000
FreeholdNo monthly condo fee
Lot 17.3 x 132 ftThe land comes with the home

About this home

Remarkable opportunity to own a beautiful and charming café in the heart of downtown! Ideally situated in a vibrant neighbourhood on a busy street with excellent exposure and steady foot traffic. Offering a delicious selection of breakfast favourites, fresh sandwiches, soups and paninis, quality coffee, and refreshing smoothies, pastries and cakes. Operating as both a takeout and sit-down café, it's the perfect spot for a quick bite or coffee on the go, as well as a relaxed business lunch or friendly get-together. Enjoy generous indoor and outdoor seating, with approximately 10 seats in the welcoming front area, seating for up to 24 guests in the spacious main room at the back, plus an outdoor patio accommodating approximately 18 guests. A full basement provides valuable additional space for storage, an office, or other business needs. A fantastic opportunity for an owner-operator or entrepreneur looking to step into a well-positioned cafe business in a prime downtown location!

The home

Type
Sale of business
Square footage
900 sq ft
Lot size
17.3 x 132 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Electric Forced Air
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Tax year
2026
Occupancy
Owner
Possession
60-120 Days
Cross street
Gerrard St. / Parliament St.
Neighbourhood
Cabbagetown-South St. James Town

More

MLS® number
C13662250

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$457per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    290 Gerrard Street, Toronto, ON M5A 2G4

    Cabbagetown-South St. James Town, Toronto · Near Gerrard St. / Parliament St.

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    Sold history

    Listing history for 290 Gerrard Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 290 Gerrard Street E

    Answers come straight from this home’s MLS® listing.

    How much is 290 Gerrard Street E listed for, and what would it cost each month?

    290 Gerrard Street E is listed for $98,000. With 20% down ($19,600), the mortgage payment would be roughly $395 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $457 a month, all in. That figure is an illustration, not a quote.

    Is 290 Gerrard Street E freehold or a condo, and is there a monthly fee?

    290 Gerrard Street E is a sale of business in Cabbagetown-South St. James Town, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 290 Gerrard Street E have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 290 Gerrard Street E?

    290 Gerrard Street E is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 290 Gerrard Street E, and what is the lot size?

    The lot is listed as 17.3 x 132 ft.

    How is 290 Gerrard Street E heated and cooled?

    Heating is electric forced air. Cooling is yes.

    Where is 290 Gerrard Street E?

    290 Gerrard Street E is in the Cabbagetown-South St. James Town community of Toronto. The nearest main intersection is Gerrard St. / Parliament St.. The postal code is M5A 2G4.

    Is 290 Gerrard Street E still for sale?

    Yes. It is an active listing (MLS® C13662250). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 290 Gerrard Street E asking?

    Similar properties for sale nearby right now include 253 Gerrard Street E at $99,000, 2207 Gerrard Street E at $95,000 and 96 Gerrard Street E at $118,300. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 290 Gerrard Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 290 Gerrard Street E?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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