621 Gerrard Street E, Toronto, ON M4M 1Y2
Excellent opportunity to own a well-established and fully operational vape store in a high-demand Toronto location. Successfully operating for nearly two years with a stable and loyal customer base, this turn-key business is ideal for both experienced operators and first-time business owners looking to enter the growing vaping industry.The business is fully equipped with Clover POS system, custom glass display showcases, shelving, TV, fridge, microwave, interior and exterior signage, and all essential fixtures required for daily operations. Inventory is included in the purchase price (details to be confirmed through the Listing Brokerage).Outstanding security features provide peace of mind, including 8 surveillance cameras, professionally monitored alarm system, front metal security gate, rear metal security gate, and enhanced double-layer security.Efficient and functional layout includes a spacious retail area, private office, additional storage room, washroom, and basement storage, offering flexibility for future growth and day-to-day operations.Established supplier relationships, a professionally developed website with an existing online customer base, and proven operating systems allow the new owner to transition seamlessly. Seller is willing to provide comprehensive training to ensure a smooth and successful takeover, making this an excellent opportunity even for first-time business owners.Business hours are 11:00 AM - 8:00 PM (closed Tuesdays). Low monthly utility costs, two rear parking spaces, and an easy-to-manage operation make this a rare opportunity to acquire a stable, fully equipped, and profitable turn-key business with immediate operating potential.Don't miss this exceptional opportunity to own a well-established business with strong growth potential in one of Toronto's most vibrant communities.
- MLS number
- E13522076
- Type
- Commercial Retail
- Status
- Active
- Bedrooms
- —
- Bathrooms
- —
- Postal code
- M4M 1Y2
- Photos
- 4
- Property tax
- $4,704 / year
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Commercial Retail
- Class
- Commercial
- Community
- South Riverdale
- Municipality
- Toronto E01
- Cross street
- Broadview Ave.
- Zoning
- Commercial Retail
Parking
- Garage
- Lane
Land
- Lot
- 14.5 × 120 feet
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Cooling
- Yes
- Water
- Municipal
Listing
- MLS number
- E13522076
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-07-03
- Expires
- 2027-07-02
- Taxes
- $4,704 (2026)
- Board
- Toronto Regional Real Estate Board
Listing history
No previous listings found for this address.
Where this property is
Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.
Matched to this street. The listing did not say which direction, and every candidate was in the same place.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
School boundaries this address is inside
Where these boundaries come from, and what they are worth
A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.
Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.
Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.
Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Eastdale Collegiate Institute Toronto DSB | Secondary | 185 m | Not reported |
| SEED Alternative School Toronto DSB | Secondary | 395 m | Not reported |
| Quest Alternative School Senior Toronto DSB | Elementary | 553 m | Not reported |
| Withrow Avenue Junior Public School Toronto DSB | Elementary | 553 m | / 10 85% met the standard |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 401 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35204572 — the few blocks around this address, home to 401 people. It describes the area, not this property.
Percentages are of the 225 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.
What’s being built nearby
Planning applications within 500 m — 2 still in progress.
Site Plan Approval for a proposed residential addition to the existing congregation. The proposal will contain 3,824 square metres of residential gross floor area (GFA) and 51 residential units .…
City planning file →Site Plan Application to redevelop the lands municipally known as 563 Gerrard Street East and 238 Hamilton Street with a 13-unit mixed-use project comprised of 2 corner commercial buildings with residential atop, 10 new freehold residential townhouse dwellings…
City planning file →Combined Official Plan & Zoning By-law Amendment for a 20 storey non-profit Long-Term Care (LTC) home with 392 beds.
City planning file →A 10 storey building adding to, and modifying, the existing heritage church building onsite. 4,892.98 square metres of residential gross floor area (GFA) are proposed, as well as 683 square metres of non-residential space to be allocated to the church congrega…
City planning file →Draft Plan of Condominium for six-storey mixed-use building that will consist of 58 units.
City planning file →City Planning has received a request for a temporary use zoning by-law that would allow for an outdoor patio to be located in a Toronto Parking Authority (TPA) surface parking lot at 592 Gerrard Street East.…
City planning file →The Applicant, George Popper Architect Inc., has submitted a Rezoning Application (#16 210566 STE 30 OZ) and Site Plan Application (#16 270571 STE 30 SA) that proposes to develop the subject lands at 794 Gerrard Street East with a 6-storey, mixed-use building …
City planning file →December 14 revisions. The proposed height of the building has been reduced to 22 metres. Two retail parking spaces have been provided. The proposed loading space has been relocated and the proposed bottle drop off has been removed.…
City planning file →What these are
These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.
Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.
Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.