Toronto, ON
96 GERRARD ST E
$299,000
Listed by
Century 21 Right Time Real Estate Inc.
Tanmeet Bagga, Salesperson
Data last updated Oct 21, 2026, 2:40 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $299,000
- Type
- business
- Bedrooms
- 0
- Bathrooms
- 0
- MLS®
- 40852588
- Status
- active
- Brokerage
- Century 21 Right Time Real Estate Inc.
About this home
Description provided by the listing brokerage
This business sale makes sense — an exceptional opportunity to own a well-established Fat Bastard Burrito franchise in one of downtown Toronto's busiest corridors, steps from Toronto Metropolitan University, Yonge-Dundas Square, the Eaton Centre, and St. Michael's Hospital, with strong, consistent foot traffic from students, residents, and commuters year-round. Monthly sales average approximately $47.5K, and the 1,200 sq. ft. space carries one of the lowest rents in the downtown core at just $5,500/month, including TMI, with utilities averaging approximately $305/month. Royalty is 8% and marketing fee is 2%. The lease is with a student housing cooperative and runs until 2032, with two additional 5-year renewal options — a particularly attractive, long-term security rarely found in this market.