146 CUMBERLAND STREET, Toronto (Annex)

$175,000

For sale: Other

Other at 146 CUMBERLAND STREET, Toronto (Annex)
Property type
Sale Of Business
MLS®
MLS® C13474750
Neighbourhood
Annex

Exceptional opportunity to acquire a celebrated Italian-style gelateria and café in the heart of prestigious Yorkville. Located in one of Toronto's most elegant and sought-after neighbourhoods, this established business benefits from strong pedestrian traffic, affluent clientele, and a reputation for quality. Recognized with the ICCO Best Gelato in Ontario Award in 2022, the business offers authentic artisanal gelato alongside a popular café component, creating multiple revenue streams. A rare chance to take over a distinguished brand in a premier destination known for its luxury shopping, dining, and year-round activity.

Sold data

Other homes in Toronto (Annex) — recent sold market

Other homes in Toronto (Annex) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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.

Median days to sell
39
Median sale price
$59,000
Sale-to-list ratio
90.9%
Sold above asking
5%

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

Schools in Toronto (Annex)

Toronto (Annex) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Annex)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 146 CUMBERLAND STREET