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$425,000

Sale Of Business

1058 Gerrard Street E, Toronto, ON M4M 1Z8South Riverdale

Listing Overview

MLS ID:E12808366
Status:Price Change
Type:Commercial / Sale Of Business
Days on Market:46
Listed:2026-02-21
Last Updated:Mar 13, 2026
Cross Street:Gerrard/Jones
Data Source:PROPTX

Interior

Utilities

Heat Type:Gas Forced Air Open

Outdoor / Lot

Parking

Garage Type:Outside/Surface

Description

Excellent opportunity to lease the fully built-out premises of Chula Taberna Mexicana located at 1058 Gerrard St E in Toronto's vibrant East End. This two-storey turnkey restaurant features attractive Mexican-inspired décor, a functional kitchen layout, and strong street presence on a high-traffic corridor.The main floor offers a welcoming dining area, full bar, and a front patio ideal for seasonal outdoor service. The second floor includes a dedicated party/event room with its own bar and private patio, providing excellent flexibility for private functions and additional revenue potential. Surrounded by dense residential neighbourhoods and established local businesses, ensuring consistent foot traffic and neighbourhood demand.Ideal for restaurateurs or hospitality operators seeking a ready-to-operate space. Flexible layout suitable for a variety of food concepts (subject to landlord approval). SELLER WILL CONSIDER 10% VENDOR TAKE BACK

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