253 Gerrard St E is a 1-bathroom business in Toronto, listed for $99,000.
1Cozy and inviting, this family restaurant and cafe is a true gem. 900 square feet.
2Owners willing to provide recipes and training to the buyer to help ensure a smooth and seamless transition Current rent is only $3600.00 / month inclusive of TMI and Water. - This can't be beat.
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1 Bath Commercial Property in Toronto
About 253 Gerrard Street East
Cozy and inviting, this family restaurant and cafe is a true gem. 900 square feet. Seating area for 24 plus guests, and a well-equipped, well-laid-out induction kitchen with all new and professionally-maintained equipment This beloved neighborhood spot is well renowned and receiving impressive recognition as one of the city's best new restaurants serving authentic Southeast Asian fare. Continue to help build this accredited brand or get into business with a turn key set up, a favorable lease, and thoughtful infrastructure in place. Owners willing to provide recipes and training to the buyer to help ensure a smooth and seamless transition Current rent is only $3600.00 / month inclusive of TMI and Water. - This can't be beat.
Toronto business priced at $99,000 — book a tour to see if it fits your search.
Inside 253 Gerrard St E
Every detail from the listing, in one place.
Type
Business
Lot size
15.00 x 0.00 Feet
Features & systems
Lot & land
Lot dimensions
15.00 x 0.00 Feet
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
253 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® C13670844$99,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 253 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 253 Gerrard St E. Typical times without traffic delays; transit times aren't available yet.
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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 ratio4987.8%On average, homes sold at or above asking.
Active listings12,139Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 29 – Jul 28, 2026.
Based on 9,511 sales from Jul 28 – Oct 26, 2026 (6,903 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
253 Gerrard St E is listed at $99,000 (MLS® C13670844). Summitly updates the price as soon as the MLS® record changes.
Has the price of 253 Gerrard St E changed?
No — 253 Gerrard St E is still listed at its original asking price of $99,000.
How many bedrooms and bathrooms does 253 Gerrard St E have?
253 Gerrard St E has 1 bathroom. It is a commercial property in Toronto.
Is 253 Gerrard St E close to transit?
The nearest rapid-transit station is College Station (Line 1), about 1.1 km (about a 14-minute walk) in a straight line. TMU Station is about 1.1 km (about a 14-minute walk), and Wellesley Station is about 1.3 km (about a 16-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 253 Gerrard St E compare with other homes in Toronto?
Its asking price of $99,000 is about 88% below the median sold price in Toronto over the last 90 days, $840,000, across 9,511 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 253 Gerrard St E been sold before?
Summitly has no earlier MLS® sale or lease of 253 Gerrard St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 253 Gerrard St E?
253 Gerrard St E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 253 Gerrard St E been on the market?
74 days — 253 Gerrard St E was listed on August 13, 2026.
What is the lot size of 253 Gerrard St E?
The lot measures 15.00 × 0.00 Feet, as published in the listing.
What is the land transfer tax on 253 Gerrard St E?
About $1,430 at the asking price of $99,000: $715 Ontario land transfer tax plus $715 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 253 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 253 Gerrard St E?
The listing for 253 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.
