290 GERRARD STREET E, Toronto (Cabbagetown-South St. James Town)

$98,000

For sale: Other

Other at 290 GERRARD STREET E, Toronto (Cabbagetown-South St. James Town)
Property type
Sale Of Business
MLS®
MLS® C13662250
Neighbourhood
Cabbagetown-South St. James Town

Remarkable opportunity to own a beautiful and charming café in the heart of downtown! Ideally situated in a vibrant neighbourhood on a busy street with excellent exposure and steady foot traffic. Offering a delicious selection of breakfast favourites, fresh sandwiches, soups and paninis, quality coffee, and refreshing smoothies, pastries and cakes. Operating as both a takeout and sit-down café, it's the perfect spot for a quick bite or coffee on the go, as well as a relaxed business lunch or friendly get-together. Enjoy generous indoor and outdoor seating, with approximately 10 seats in the welcoming front area, seating for up to 24 guests in the spacious main room at the back, plus an outdoor patio accommodating approximately 18 guests. A full basement provides valuable additional space for storage, an office, or other business needs. A fantastic opportunity for an owner-operator or entrepreneur looking to step into a well-positioned cafe business in a prime downtown location!

Sold data

Homes in Cabbagetown South St James Town — recent sold market

Homes in Cabbagetown South St James Town took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 61, across 35 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 82 days.

The median sale price was $600,000.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$600,000
Sale-to-list ratio
97.0%
Sold above asking
11%

Based on 35 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 (Cabbagetown-South St. James Town)

Toronto (Cabbagetown-South St. James Town) 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 (Cabbagetown-South St. James Town)

  • 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 290 GERRARD STREET E