Main Photo: 146 Cumberland Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C12219065
Photo 1: 146 Cumberland Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C12219065
Photo 2: 146 Cumberland Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C12219065
Photo 3: 146 Cumberland Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C12219065
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Photo 18: 146 Cumberland Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C12219065
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12219065
Bus Major:
Cafe
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 Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
810 sq. ft. Square Feet
Total Area:
810 sq. ft.
Retail Area:
810 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
100'
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
CR3
Heating type:
Gas Forced Air Open
Garage:
Pay
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2024
Type Taxes:
N/A
Taxes:
$675,111 / 2025
Assessment:
$- / 2024
Toronto
Toronto C02
Annex
Public Transit
INCLUSION LIST IN HAND
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Cafe
Category:
Without Property
Franchise:
No
Hours Open:
12pm - 11pm
Employees:
4
Chattels:
Yes
LLBO:
No
Seats:
15
Date Listed:
Jun 13, 2025
Original Price:
$349,900
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Listed by HOMELIFE/ROMANO REALTY LTD.
Data was last updated December 4, 2025 at 02:15 AM (UTC)
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