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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
3 Bath Commercial Property in Toronto
About 1433 Gerrard Street
Turnkey restaurant located on Gerrard Street East in the heart of Toronto's vibrant Little India neighbourhood. This 1,700 Sq Ft restaurant features a full commercial kitchen and seating for 62, with a liquor license application currently underway. An excellent opportunity in one of Toronto's most established and popular dining destinations. The restaurant features a 15-ft commercial hood, one large walk-in fridge, and a well-equipped kitchen ready for continued operation. Available with training for a smooth transition or easily converted into a different concept, cuisine, or franchise. A versatile space with excellent potential for both experienced operators and new restaurateurs. Lease rate of $7,079 Gross Rent including TMI with 3 + 5 + 5 years remaining, providing excellent long-term stability. A fantastic opportunity to establish a restaurant in Toronto's thriving Little India dining district. Please do not go direct or speak to staff or ownership.
Toronto business priced at $179,000 — book a tour to see if it fits your search.
Inside 1433 Gerrard St
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
2132
Listing & possession
Property class
Sale Of Business
1433 Gerrard St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E14177072$179,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1433 Gerrard St 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.
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 market32Homes sold in about 32 days on average.
Sale-to-list ratio5253.8%On average, homes sold at or above asking.
Active listings11,694Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 17 – Aug 15, 2026: prices down.
Based on 9,020 sales from Aug 15 – Nov 13, 2026 (7,222 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1433 Gerrard St
How much is 1433 Gerrard St listed for?
1433 Gerrard St is listed at $179,000 (MLS® E14177072). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1433 Gerrard St changed?
No — 1433 Gerrard St is still listed at its original asking price of $179,000.
How many bedrooms and bathrooms does 1433 Gerrard St have?
1433 Gerrard St has 3 bathrooms. It is a commercial property in Toronto.
How does 1433 Gerrard St compare with other homes in Toronto?
Its asking price of $179,000 is about 79% below the median sold price in Toronto over the last 90 days, $840,000, across 9,020 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 1433 Gerrard St been sold before?
Summitly has no earlier MLS® sale or lease of 1433 Gerrard St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1433 Gerrard St?
1433 Gerrard St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1433 Gerrard St been on the market?
1433 Gerrard St was listed today (November 13, 2026).
What is the land transfer tax on 1433 Gerrard St?
About $3,030 at the asking price of $179,000: $1,515 Ontario land transfer tax plus $1,515 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 1433 Gerrard St 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 1433 Gerrard St?
The listing for 1433 Gerrard St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 1433 Gerrard St built?
The listing for 1433 Gerrard St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
