For Sale

246 GERRARD Street, Toronto, Ontario M5A2G2

$50,000

246 GERRARD Street, Toronto, Ontario M5A2G2 is For Sale and has a listing price of 50,000. The property is located in the Cabbagetown South neighbourhood. It's been on the website for 6 Days.

  • Business
    Property Type
  • MLS ID: 40674962
  • Office Name Red Brick Real Estate Brokerage Ltd.
Property Description

Location! Location! Popular turn-key bakery and wholesale manufacturing business featuring premium equipment situated on the Gerrad St, just a short walk away from Toronto Metropolitan University and is surrounded by many office, condos and apartments. The bakery’s prime location in a high-traffic area brings a consistent flow of customers year-round, especially during peak tourist seasons. With its loyal local following, strong online presence, and unique product offerings. Great location for any take-out restaurant that specializes in light cooking, bakery items or juice bars. The rent Including TMI is $2,100 plus HST, 3 year lease remaining and the landlord willing to take new lease. Tenant responsible for utility. Seller willing to provide trade name and recipes with extra cost. This unique niche bakery combines a rich history and trusted reputation, making it a rare opportunity for a buyer looking to invest in a well-loved, successful business with room for expansion in a vibrant market. Sale not including brand name and recipes, seller is willing to transfer the brand name and recipes with negotiate price. (id:43137)

Property Details
  • MLS ID: 40674962
  • Price: $50,000
  • Transaction Types: For Sale
  • Ref ID: 27627266
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
11/05/2024 40674962 $50,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cabbagetown South
  • $1,773,718 Average List Price
    based on 1 year
  • 24 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.88 % Below
  • Sold (12mo) 17
  • Rented (12mo) 41

  • 1 Month Change -10.2%
  • 3 Month Change +11.7%
  • 6 Month Change +31.2%
Walkscore
Property Type Distribution
  • All Houses
    59.5%
  • Commercial
    24.61%
  • Condo
    15.5%
  • Land for Sale
    0.39%
Additional Details
  • Basement2 None
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 05/11/2024 00:00:00
  • Agent Name: Peter Lan Chung
  • Last Updated: 09/11/2024 14:07:49
Open House Dates
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