76 Gerrard St E is a business in Toronto, listed for $165,000.
1An 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.
2The premises feature an LLBO license accommodating 70 indoor seats and 59 outdoor patio seats.
3The versatile layout allows for seamless conversion to suit any culinary concept.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Toronto
About 76 Gerrard Street East
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).
Toronto business priced at $165,000 — book a tour to see if it fits your search.
Inside 76 Gerrard St E
Every detail from the listing, in one place.
Type
Business
Lot size
0.00 x 0.00 Feet
Features & systems
Lot & land
Lot dimensions
0.00 x 0.00 Feet
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
76 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® C14019232$165,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 76 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.
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 ratio4899.6%On average, homes sold at or above asking.
Active listings12,371Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 9,686 sales from Jul 15 – Oct 13, 2026 (6,629 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
76 Gerrard St E is listed at $165,000 (MLS® C14019232). Summitly updates the price as soon as the MLS® record changes.
Has the price of 76 Gerrard St E changed?
No — 76 Gerrard St E is still listed at its original asking price of $165,000.
How many bedrooms and bathrooms does 76 Gerrard St E have?
The listing for 76 Gerrard St E doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 76 Gerrard St E close to transit?
The nearest rapid-transit station is College Station (Line 1), about 380 m (about a 5-minute walk) in a straight line. TMU Station is about 460 m (about a 6-minute walk), and Wellesley Station is about 750 m (about a 9-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 76 Gerrard St E compare with other homes in Toronto?
Its asking price of $165,000 is about 81% below the median sold price in Toronto over the last 90 days, $848,250, across 9,686 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 76 Gerrard St E been sold before?
Summitly has no earlier MLS® sale or lease of 76 Gerrard St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 76 Gerrard St E?
76 Gerrard St E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 76 Gerrard St E been on the market?
1 day — 76 Gerrard St E was listed on October 12, 2026.
What is the lot size of 76 Gerrard St E?
The lot measures 0.00 × 0.00 Feet, as published in the listing.
What is the land transfer tax on 76 Gerrard St E?
About $2,750 at the asking price of $165,000: $1,375 Ontario land transfer tax plus $1,375 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 76 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 76 Gerrard St E?
The listing for 76 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.
