7 - 24 Wellesley Street W, Toronto, ON M4Y 2X6
Bay Street Corridor, Toronto · Near Wellesley St W/Yonge · View map
About this home
Excellent Location Close To U Of T! Well Established Bubble Tea Business For Sale In The Heart Of Downtown Toronto. Prime Wellesley St Exposure With A Rare Wide Storefront. Situated Between Yonge St & Bay St In A High-Traffic Area Surrounded By Office Buildings, High-Rise Condominiums, University Of Toronto, Major Hospitals, Subway Stations. Functional Layout Featuring A Fully Equipped Bubble Tea Bar, Kitchen Range Hood, And Complete Equipment Package. Attractive Lease Terms With Low Rent. Turnkey Opportunity For Owner-Operators Or Investors. Can Be Easily Converted To Other Beverage Concepts, Cafés, Dessert Shops, Fast Food, Take-Out Restaurants, Or Various Other Food Uses. Great Potential In A Vibrant And Growing Neighbourhood.
The home
- Type
- Sale of business
- Square footage
- 740 sq ft
- Bathrooms
- 1
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Garage
- Underground
- Driveway spaces
- 1
- Total parking
- 1
Taxes & other
- Property taxes
- $1/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBA
- Cross street
- Wellesley St W/Yonge
- Neighbourhood
- Bay Street Corridor
More
- MLS® number
- C13440390
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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.
24 Wellesley Street, Toronto, ON M4Y 2X6
Bay Street Corridor, Toronto · Near Wellesley St W/Yonge
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Listing history for 24 Wellesley Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 7 - 24 Wellesley Street W
Answers come straight from this home’s MLS® listing.
How much is 7 - 24 Wellesley Street W listed for, and what would it cost each month?
7 - 24 Wellesley Street W is listed for $59,000. With 20% down ($11,800), the mortgage payment would be roughly $238 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $238 a month, all in. That figure is an illustration, not a quote.
Is 7 - 24 Wellesley Street W freehold or a condo, and is there a monthly fee?
7 - 24 Wellesley Street W is a sale of business 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 7 - 24 Wellesley Street W have a garage and parking?
Yes. The listing shows the garage as underground. The driveway adds 1 space. In total the listing counts 1 parking space.
What style of home is 7 - 24 Wellesley Street W?
7 - 24 Wellesley Street W is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 7 - 24 Wellesley Street W heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 7 - 24 Wellesley Street W?
Property taxes are $1 a year (2025), or about $0 a month.
Where is 7 - 24 Wellesley Street W?
7 - 24 Wellesley Street W is in the Bay Street Corridor community of Toronto. The nearest main intersection is Wellesley St W/Yonge. The postal code is M4Y 2X6.
Is 7 - 24 Wellesley Street W still for sale?
Yes. It is an active listing (MLS® C13440390). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 7 - 24 Wellesley Street W asking?
Similar properties for sale nearby right now include 1909 - 24 Wellesley Street W at $450,000 (1+1 bed), 2213 - 24 Wellesley Street W at $800,000 (2+1 bed) and M5 - 444 Yonge Street at $59,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 24 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 7 - 24 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.
Similar properties nearby
More properties for sale near Bay Street Corridor, picked by style, size and price.
Condo apartment$450,0001909 - 24 Wellesley Street W, Toronto1+1 bed · 1 bath · Bay Street CorridorCourtesy of: SAGE REAL ESTATE LIMITEDView home →
Condo apartment$800,0002213 - 24 Wellesley Street W, Toronto2+1 bed · 2 bath · Bay Street CorridorCourtesy of: FUTURE GROUP REALTY SERVICES LTD.View home →
Sale of business$59,000M5 - 444 Yonge Street, TorontoBay Street CorridorCourtesy of: HOMELIFE FRONTIER REALTY INC.View home →Courtesy of: BAY STREET GROUP INC.
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.