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
Address
1058 Gerrard Street E
List Price
$425,000
MLS® Status
Price Change
Expiration Date
2026-09-30
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
Occupant Type
Owner+Tenant
Cross Street
Gerrard/Jones
MLS® Number
E12808366
Listing Brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Basement
Yes
Postal Code
M4M 1Z8
Posession Details
TBA
Tax Year
2026
Site Influences
Public Transit, Subways
Community Features
Public Transit, Subways
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Type
Gas Forced Air Open
Cooling
Yes
Cooling Features
Yes
Garage Type
Outside/Surface
Business Name
Chula Taberna Mexicana