For saleMLS® C13861110

96 Gerrard Street E, Toronto, ON M5B 1G7

Church-Yonge Corridor, Toronto · Near Gerrard & Church · View map

$118,300
1Baths
Sale of businessType
NoneParking
$118,300
FreeholdNo monthly condo fee

About this home

Rare opportunity to own an established convenience store on the Toronto Metropolitan University (TMU) campus. Street-front on Gerrard St. East at the base of a student residence with 500+ residents, giving built-in customers every day of the week. Over 47,000 students attend TMU. Approx. 850 sq ft with only about half currently used for retail, leaving plenty of room to grow sales. The lease grants exclusive convenience store use in the building and runs to Sept. 2032, plus one 5-year renewal option. Lottery (OLG) terminal and ATM on site. Turnkey business, ideal for an owner-operator or family. Steps to College and Dundas subway stations, Yonge St. and the Eaton Centre. Inventory not included in price. Owner operates short hours from 11am to Midnight. HUGE UPSIDE for the new owner to open early morning hours to get Rush Hour Income !!

The home

Type
Sale of business
Bathrooms
1

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Yes

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Tax year
2025
Occupancy
Owner
Possession
TBD
Cross street
Gerrard & Church
Neighbourhood
Church-Yonge Corridor

More

MLS® number
C13861110

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Want to know something that isn’t listed?
Estimated monthly cost$551per 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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    96 Gerrard Street, Toronto, ON M5B 1G7

    Church-Yonge Corridor, Toronto · Near Gerrard & Church

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    Sold history

    Listing history for 96 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 96 Gerrard Street E

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

    How much is 96 Gerrard Street E listed for, and what would it cost each month?

    96 Gerrard Street E is listed for $118,300. With 20% down ($23,660), the mortgage payment would be roughly $477 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $551 a month, all in. That figure is an illustration, not a quote.

    Is 96 Gerrard Street E freehold or a condo, and is there a monthly fee?

    96 Gerrard Street E is a sale of business in Church-Yonge Corridor, 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 96 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 96 Gerrard Street E?

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

    How is 96 Gerrard Street E heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    Where is 96 Gerrard Street E?

    96 Gerrard Street E is in the Church-Yonge Corridor community of Toronto. The nearest main intersection is Gerrard & Church. The postal code is M5B 1G7.

    Is 96 Gerrard Street E still for sale?

    Yes. It is an active listing (MLS® C13861110). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 96 Gerrard Street E asking?

    Similar properties for sale nearby right now include 2480 Gerrard Street E at $99,000, 253 Gerrard Street E at $99,000 and 290 Gerrard Street E at $98,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 96 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 96 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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