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 10AM-9PM, Sat-Sun 10AM-6PM) 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.
Address
F2 - 1000 Gerrard Street E
List Price
$149,000
MLS® Status
New
Expiration Date
2026-03-31
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Toronto E01
Sub-Area
South Riverdale
Region
Toronto
Lot Type
Unit
Lot Size Units
Feet
Total Building Area
263
Occupant Type
Owner+Tenant
Cross Street
Gerrard Street E & Pape Ave
MLS® Number
E12582772
Listing Brokerage
CENTURY 21 HERITAGE GROUP LTD.
Basement
No
Postal Code
M4M 3G6
Posession Details
Immediate
Parking Spaces
100
Tax Year
2024
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Type
Other
Cooling
Yes
Cooling Features
Yes
UFFI
No
Garage Type
Outside/Surface
Tax Legal Description
Subway Franchised Restaurant
Security Features
Yes