An exceptional opportunity to acquire a fully built-out, 1,500 sq. ft. turnkey restaurant space located at 76 Gerrard Street East, in the heart of downtown Toronto. Currently operating as a fully equipped Omakase Japanese restaurant, this premium location is positioned directly across from Toronto Metropolitan University. The property benefits from high-traffic visibility, dense pedestrian footfall, and immediate proximity to high-density residential condominiums, making it an ideal venue for established brands, expanding franchises, or independent operators. The premises feature an LLBO license accommodating 70 indoor seats and 59 outdoor patio seats. The versatile layout allows for seamless conversion to suit any culinary concept. Exceptionally low monthly rent of approximately $ 8,000 (inclusive of TMI and HST).
| MLS # | C14019232 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 21 |
| Listing Provided By | HOMELIFE BROADWAY REALTY INC. | C14019232 079201 |
| SQ Feet | 1,500 |
|---|---|
| Acreage | 0.03 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Yes |
| Rooms Total | 0 |
| Utilities | Yes |
|---|
| Tax Annual Amount | 0 |
|---|---|
| Tax Type | TMI |
| Tax Legal Description | Pt Lt 19 N/S Gerrard St Pl 22A Toronto Pt 2 63R2036; City of Toronto |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C08 |
| Postal Code | M5B 1G6 |
| Area | Church Yonge Corridor |
| Listing VS Median (in M5B 1G6) | |
Price: $165,000 low | high Med: $165,000 sqft: 1,500 low | high Med: 1,500 $ / sqft: $110 low | high Med: $110 On site: 21 low | high Med: 21 | |
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C08 |
| Postal Code | M5B 1G6 |
| Area | Church Yonge Corridor |
| Listing VS Median (in M5B 1G6) | |
Price: $165,000 low | high Med: $165,000 sqft: 1,500 low | high Med: 1,500 $ / sqft: $110 low | high Med: $110 On site: 21 low | high Med: 21 | |