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Michaelsimone.ca / property listings


JUST LISTED

​​​​​​​Midtown - 2076 Yonge St. Toronto


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Rare Opportunity to Own a Premier, Award-Winning Gelato Business in the Heart of Midtown!

Welcome to Gemma Gelateria, a beloved staple in one of Toronto’s most prestigious and high-traffic neighbourhoods. This authentic, European-style gelato shop is renowned for crafting small-batch Italian gelato with love, using only all-natural ingredients. With a rotating menu of over 160 artisanal flavours—including customer favourites like Nocciola, Pistachio, and a wide variety of vegan and dairy-free options—Gemma Gelateria consistently draws a devoted local following and a steady stream of tourists.


Named Best Gelato in Canada by the ICCO in 2022, the business enjoys a stellar reputation and glowing reviews, thanks to its exceptional product quality and customer service. Situated in a prime Midtown location with excellent visibility and foot traffic, this turnkey operation offers both immediate profitability and exciting growth potential.

LIST PRICE:

$349,900 


Key Features

  • Fully equipped and operational with established branding and processes

  • Strong online and social media presence with glowing reviews

  • Loyal clientele and high repeat customer rate

  • Opportunity to expand product offerings (e.g. coffee, pastries, catering, or retail pints)

  • Room to grow through franchising or additional locations

Floor Plan

More Photos

Don’t miss this unique chance to own a celebrated gelato business in one of Toronto’s most desirable neighbourhoods.

Whether you're an entrepreneur looking to invest in a successful, well-loved brand, or a passionate food professional ready to bring your vision to life, Gemma Gelateria offers the perfect blend of charm, location, and potential.


Michael Simone

Trusted Real Estate Professional

HomeLife/ROMANO Realty Ltd., Brokerage

3500 Dufferin Street , Toronto, Ontario, M3K 1N2

info@michaelsimone.ca

(647) 882-5127

(416) 635-1232

(416) 636-0246
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