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

Homes in Annex — recent sold market

Homes in Annex took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 46, across 83 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.

The median sale price was $999,990.

Homes sold for about 3.8% below asking on average, so there was room to negotiate.

About 17% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$999,990
Sale-to-list ratio
96.2%
Sold above asking
17%

Based on 83 recorded sales in the last 90 days — 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