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For saleMLS® C13440390

24 Wellesley Street W 7, Toronto, ON M4Y 2X6

Bay Street Corridor · C01 · M4Y 2X6

$59,000

$80 / sq ft

4 months on market

Bathrooms
1
Total area
740 sf
0

What's special

  • Underground parking
  • Yes

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About this property

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.

Property details

Property

Property type
business
Bathrooms
1
Interior size
740 sq ft
Zoning
Commercial
Possession
TBA

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Underground

Costs

List price
$59,000
Property taxes
$1 / year (2025)
Price per sq ft
$80

Listing

MLS® number
C13440390
Status
For sale
Listed
June 12, 2026
Days on market
145
Last updated
October 26, 2026
Listing brokerage
BAY STREET GROUP INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 4% of comparable business for sale listings in Bay Street Corridor are asking less.

$74KMedian $120K$220K
This home
$80 / sq ft
Comparable median
$156 / sq ft

Based on 26 comparable active business for sale listings in Bay Street Corridor. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $2,950
$2,950
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$309.91
Property tax (est.)
$0.08
Estimated monthly
$310

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$315
Toronto municipal
$315
Total due on closing
$630

An estimate on the asking price of $59,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of BAY STREET GROUP INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$59,000

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