ON > Toronto E01 > South Riverdale
Toronto E01, ON M4M 3G6,1000 Gerrard ST E #F2
Toronto E01, ON M4M 3G6,1000 Gerrard ST E #F2
Toronto E01, ON M4M 3G6,1000 Gerrard ST E #F2
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$189,000
Est. payment /mo
263 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 263 sqft

Price per Sqft $718

Subdivision South Riverdale

MLS Listing ID E12324221

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

Location, Location, Location! Take over a well-established Subway franchise located in the very busy Gerrard Square Shopping Centre, one of Toronto's highest foot traffic malls! Anchored by big-box stores like Walmart, Home Depot, Winners, Dollarama, Staples, Tim Hortons & KFC, and surrounded by dense residential, commercial, and office buildings. Why This Business? Short Hours: Mall hours (Mon-Fri 10 AM-9 PM, Sat-Sun 10 AM-6 PM) allow for a great work/life balance. Low Food Cost: Approx. 26% (per seller), Very Low Rent: Only $4,576.42/month (TMI incl. garbage, gas, water), No Heavy Cooking: Simple operations & full franchisor support, Recently Renovated: Over $80,000 in upgrades & new equipment, Absentee Owner: Great potential for hands-on owner/operator, Long Lease: Until Jan 2030 + two (5-year) renewal options, Franchise Royalties: 8% Royalty + 4.5% Marketing, *Growth Opportunities! Catering Potential: Huge demand from nearby businesses and offices; Hands-on Management: Ideal for family-run or owner-operated businesses to increase sales. Located right on Transit Line: TTC, Streetcars & ample mall parking. Please Do Not Visit the Store or Speak to Staff. All Showings by Appointment Only. Perfect For: Subway's Owners, New immigrants, First-time business buyers, Investors looking for a steady cash flow, Entrepreneurs wanting a well-known brand with low overhead and support.

Location

Province ON

County Toronto

Community South Riverdale

Area Toronto

Zoning Commercial Sale Of Business In Mall

Interior

Cooling Yes

Inclusions Mop Sink, Computerized Cash register POS system/software (With Printer & Touch Screen monitor), front refrigerator, Freezer , Bread rack , Refrigerator , Subway toaster oven, microwave, Safe, 3-compartment wash sink , Coca-Cola soda dispenser, Chips rack, cabinets, Tomato slicer, onion Slicer, Hand sink, Cleaning system, Trash Bin , Bread trays (Qty - 36), Lids Holder, 4 Camera , Cambro food pans - (Qty - 80) , Paper Towel dispenser, Phone, prep bowls, bread cabinet

Exterior

Utilities Available Available

Others

Security Features Yes

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Listed by CENTURY 21 HERITAGE GROUP LTD.

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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