$425,000
For sale: Other

Exciting opportunity to take over a standout restaurant space in Toronto's vibrant neighborhood at 1058 Gerrard Street E Toronto. Offering approximately 3,367 sq. ft. with two patios-perfect for private events, seasonal service, and added revenue-this location is built for a strong dine-in experience. The premises are LLBO licensed and can be converted to your own cuisine and concept, making it ideal for an owner-operator or growing brand ready to make an impact. Spaces like this don't last long-bring your dream to life in a prime Toronto setting.SELLER WILL CONSIDER 10% VENDOR TAKE BACK
Sold data
Other homes in Toronto (South Riverdale) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (South Riverdale) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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