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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
2 Bath Commercial Property in Toronto
About 1060 Gerrard Street East
Beautifully renovated dcafe or brunch restaurant located in the East End. This great setup is perfect for anyone looking to start up or expand their business. The space is 1,900 square feet with a basement for storage. Rent is $6,315, which includes TMI and HST, and the lease expires in October 2028 with an option for an additional 5 years. Please do not go direct and engage the owner or employees.
Toronto business priced at $65,000 — book a tour to see if it fits your search.
Inside 1060 Gerrard St E
Every detail from the listing, in one place.
Type
Business
Lot size
18.34 x 110.16 Feet
Features & systems
Lot & land
Lot dimensions
18.34 x 110.16 Feet
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
1060 Gerrard St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E13147710$65,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1060 Gerrard St E Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 1060 Gerrard St E. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio5040.9%On average, homes sold at or above asking.
Active listings13,350Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 9,409 sales from Jul 17 – Oct 15, 2026 (6,682 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1060 Gerrard St E is listed at $65,000 (MLS® E13147710). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1060 Gerrard St E changed?
No — 1060 Gerrard St E is still listed at its original asking price of $65,000.
How many bedrooms and bathrooms does 1060 Gerrard St E have?
1060 Gerrard St E has 2 bathrooms. It is a commercial property in Toronto.
Is 1060 Gerrard St E close to transit?
The nearest rapid-transit station is Donlands Station (Line 2), about 1.3 km (about a 16-minute walk) in a straight line. Pape Station is about 1.4 km (about a 17-minute walk), and Greenwood Station is about 1.5 km (about a 19-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 1060 Gerrard St E compare with other homes in Toronto?
Its asking price of $65,000 is about 92% below the median sold price in Toronto over the last 90 days, $849,000, across 9,409 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1060 Gerrard St E been sold before?
Summitly has no earlier MLS® sale or lease of 1060 Gerrard St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1060 Gerrard St E?
1060 Gerrard St E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1060 Gerrard St E been on the market?
148 days — 1060 Gerrard St E was listed on May 20, 2026.
What is the lot size of 1060 Gerrard St E?
The lot measures 18.34 × 110.16 Feet, as published in the listing.
What is the land transfer tax on 1060 Gerrard St E?
About $750 at the asking price of $65,000: $375 Ontario land transfer tax plus $375 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 1060 Gerrard St E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 1060 Gerrard St E?
The listing for 1060 Gerrard St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.