For Sale

146 Cumberland Street, Toronto C02, Ontario M5R 1A8

$349,900

146 Cumberland Street, Toronto C02, Ontario M5R 1A8 is For Sale and has a listing price of 349,900. The property is located in the Yorkville neighbourhood . It's been on the website for 140 Days.

  • Sale Of Business
    Property Type
  • 1
    Bathrooms
  • MLS ID: C12219065
  • Office Name HOMELIFE/ROMANO REALTY LTD.
Property Description

Presenting this rare opportunity to own a thriving, award-winning gelato business in one of Torontos most coveted neighbourhoods, Yorkville! Gemma Gelateria, offers authentic Italian gelato made with love and all-natural ingredients. With over 160 flavors including favourites like Nocciola, pistachio, and vegan options this European-style shop attracts both locals and tourists alike. Recipient of the ICCO Canada Best Gelato Award in 2022, Gemma Gelateria boasts a loyal customer base and exceptional reviews. Operating in a prime location with high foot traffic, this turnkey business is ready for a new owner to continue its success with significant growth potential.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: C12219065
  • Price: $349,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: N/A
  • Ref ID: C12219065
  • Dir / Cross St: Avenue Rd / Bloor St W
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
06/13/2025 C12219065 $349,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Yorkville
  • $1,726,543 Average List Price
    based on 1 year
  • 52 New Listings
    based on 30 days
  • 40 Median Days on Market
    based on 1 year
  • List vs. Selling Price 4.87 % Up
  • Sold (12mo) 71
  • Rented (12mo) 149

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Washroom Type1: 1
  • Garage Type Pay
  • Taxes: $675,111
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 13/06/2025 15:56:10
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