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For saleMLS® C13831688

22-26 Wellesley Street W, Toronto, ON M4Y 2X6

Bay Street Corridor · C01 · M4Y 2X6

$13,950,000

$999 / sq ft

1 months on market

Total area
13,961 sf
0

What's special

  • Underground parking
  • Yes

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About this property

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.

Property details

Property

Property type
retail
Interior size
13,961 sq ft
Zoning
CR 4.0 (c1.0; r4.0) SS1 (x2356)
Possession
TBD

Interior

Heating
Other
Cooling
Yes

Exterior & services

Garage
Underground
Sewer
Sanitary

Costs

List price
$13,950,000
Property taxes
$174,836 / year (2026)
Price per sq ft
$999

Listing

MLS® number
C13831688
Status
For sale
Listed
September 26, 2026
Days on market
40
Last updated
October 7, 2026
Listing brokerage
KW Living Realty

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 above most comparable listings — about 100% of comparable retail listings in Bay Street Corridor are asking less.

$69KMedian $99K$2.80M
This home
$999 / sq ft
Comparable median
$398 / sq ft

Based on 11 comparable active retail listings in Bay Street Corridor. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $2,790,000
$2,790,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$61,705.56
Property tax (est.)
$14,569.67
Estimated monthly
$76,275

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
$335,225
Toronto municipal
$673,225
Total due on closing
$1,008,450

An estimate on the asking price of $13,950,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of KW Living Realty. 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.

$13,950,000

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Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

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