22-26 Wellesley Street W, Toronto, ON M4Y 2X6
Bay Street Corridor, Toronto · Near Yonge St / Wellesley St W · View map
About this home
RARELY OFFERED! Prime Downtown Toronto commercial investment opportunity on Wellesley Street West. Approximately 13,961 sq. ft. of retail space comprising 7 commercial units, fully leased with 100% occupancy and a diversified tenant profile. Established major tenant includes Rabba Fine Foods, complemented by beauty, wellness, service and retail operators. Multiple long term leases provide a stable income profile, while 10 underground parking spaces enhance the overall investment appeal. CR 4.0 Commercial Residential zoning supports a broad range of permitted commercial uses. Exceptional opportunity to acquire a substantial, fully occupied multi tenant retail asset in the heart of Downtown Toronto, offering scale, income diversification and long term ownership potential.
The home
- Type
- Commercial retail
- Square footage
- 13961 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Air conditioning
- Yes
Garage & parking
- Garage
- Underground
- Driveway spaces
- 10
- Total parking
- 10
Taxes & other
- Property taxes
- $174,836/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Yonge St / Wellesley St W
- Neighbourhood
- Bay Street Corridor
More
- MLS® number
- C13831688
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
22-26 Wellesley Street, Toronto, ON M4Y 2X6
Bay Street Corridor, Toronto · Near Yonge St / Wellesley St W
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Listing history for 22-26 Wellesley Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 22-26 Wellesley Street W
Answers come straight from this home’s MLS® listing.
How much is 22-26 Wellesley Street W listed for, and what would it cost each month?
22-26 Wellesley Street W is listed for $13,950,000. With 20% down ($2,790,000), the mortgage payment would be roughly $56,270 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $70,840 a month, all in. That figure is an illustration, not a quote.
Is 22-26 Wellesley Street W freehold or a condo, and is there a monthly fee?
22-26 Wellesley Street W is a commercial retail in Bay Street Corridor, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 22-26 Wellesley Street W have a garage and parking?
Yes. The listing shows the garage as underground. The driveway adds 10 spaces. In total the listing counts 10 parking spaces.
What style of home is 22-26 Wellesley Street W?
22-26 Wellesley Street W is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 22-26 Wellesley Street W heated and cooled?
Cooling is yes.
What are the property taxes for 22-26 Wellesley Street W?
Property taxes are $174,836 a year (2026), or about $14,570 a month.
Where is 22-26 Wellesley Street W?
22-26 Wellesley Street W is in the Bay Street Corridor community of Toronto. The nearest main intersection is Yonge St / Wellesley St W. The postal code is M4Y 2X6.
Is 22-26 Wellesley Street W still for sale?
Yes. It is an active listing (MLS® C13831688). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 22-26 Wellesley Street W asking?
Similar properties for sale nearby right now include 58 Milvan Drive at $13,800,000, 670 Coronation Drive at $13,500,000 and 1625 Wilson Avenue at $14,900,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 22-26 Wellesley Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 22-26 Wellesley Street W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.