$138,000
For sale: Other

Fully renovated restaurant located at the highly visible corner of Gerrard St E and Dundas St E, offering excellent exposure and steady pedestrian and vehicle traffic throughout the day. Currently operating as a ghost kitchen with multiple brands, the space features a well-planned, efficient commercial kitchen setup and can easily adapt to a variety of food concepts, including dine-in, takeout, delivery, or multiple-brand operations. Suitable for dine-in, takeout, delivery, or ghost kitchen. Flexible for different cuisines and business concepts. Net rent $3,100/month + approx. $850 TMI + HST. Approximately 7 years remaining on lease Renewal option available
Sold data
Other homes in Toronto (South Riverdale) took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 89, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 93 days.
The median sale price was $75,000.
Homes sold for about 7.3% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 16% 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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