For saleMLS® E13522076

621 Gerrard Street E, Toronto, ON M4M 1Y2

South Riverdale, Toronto · Near Broadview Ave. · View map

$179,000
1400Sq ft
Commercial retailType
LaneGarage
NoneParking
$4,704/yrTaxes
$179,000
FreeholdNo monthly condo fee
Lane garageFrom the listing
Lot 14.5 x 120 ftThe land comes with the home

About this home

Excellent opportunity to own a well-established and fully operational vape store in a high-demand Toronto location. Successfully operating for nearly two years with a stable and loyal customer base, this turn-key business is ideal for both experienced operators and first-time business owners looking to enter the growing vaping industry.The business is fully equipped with Clover POS system, custom glass display showcases, shelving, TV, fridge, microwave, interior and exterior signage, and all essential fixtures required for daily operations. Inventory is included in the purchase price (details to be confirmed through the Listing Brokerage).Outstanding security features provide peace of mind, including 8 surveillance cameras, professionally monitored alarm system, front metal security gate, rear metal security gate, and enhanced double-layer security.Efficient and functional layout includes a spacious retail area, private office, additional storage room, washroom, and basement storage, offering flexibility for future growth and day-to-day operations.Established supplier relationships, a professionally developed website with an existing online customer base, and proven operating systems allow the new owner to transition seamlessly. Seller is willing to provide comprehensive training to ensure a smooth and successful takeover, making this an excellent opportunity even for first-time business owners.Business hours are 11:00 AM - 8:00 PM (closed Tuesdays). Low monthly utility costs, two rear parking spaces, and an easy-to-manage operation make this a rare opportunity to acquire a stable, fully equipped, and profitable turn-key business with immediate operating potential.Don't miss this exceptional opportunity to own a well-established business with strong growth potential in one of Toronto's most vibrant communities.

The home

Type
Commercial retail
Square footage
1400 sq ft
Lot size
14.5 x 120 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Partial

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Yes

Garage & parking

Garage
Lane
Total parking
None

Taxes & other

Property taxes
$4,704/yr
Tax year
2026
Occupancy
Owner
Possession
TBA
Cross street
Broadview Ave.
Neighbourhood
South Riverdale

More

MLS® number
E13522076

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$1,114per month, all in
  • Mortgage
  • Property tax

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    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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    621 Gerrard Street, Toronto, ON M4M 1Y2

    South Riverdale, Toronto · Near Broadview Ave.

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    Sold history

    Listing history for 621 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 621 Gerrard Street E

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

    How much is 621 Gerrard Street E listed for, and what would it cost each month?

    621 Gerrard Street E is listed for $179,000. With 20% down ($35,800), the mortgage payment would be roughly $722 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,114 a month, all in. That figure is an illustration, not a quote.

    Is 621 Gerrard Street E freehold or a condo, and is there a monthly fee?

    621 Gerrard Street E is a commercial retail in South Riverdale, 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 621 Gerrard Street E have a garage and parking?

    Yes. The listing shows the garage as lane. The listing does not include a parking space.

    What style of home is 621 Gerrard Street E?

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

    How big is 621 Gerrard Street E, and what is the lot size?

    The lot is listed as 14.5 x 120 ft.

    How is 621 Gerrard Street E heated and cooled?

    Heating is gas forced air open. Cooling is yes.

    What are the property taxes for 621 Gerrard Street E?

    Property taxes are $4,704 a year (2026), or about $392 a month.

    Where is 621 Gerrard Street E?

    621 Gerrard Street E is in the South Riverdale community of Toronto. The nearest main intersection is Broadview Ave.. The postal code is M4M 1Y2.

    Is 621 Gerrard Street E still for sale?

    Yes. It is an active listing (MLS® E13522076). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 621 Gerrard Street E asking?

    Similar properties for sale nearby right now include 100 - 66 Gerrard Street E at $188,000, 76 Gerrard Street E at $165,000 and Main Floor - 610 Gerrard Street E at $160,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 621 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 621 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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