$650,000
For sale: Other

(Condition: Must Be Sold With 461 Queen St W Location)Business for sale at The Well, one of Downtown Toronto's most desirable mixed-use destinations. Well-established Chatime bubble tea franchise concept with strong brand recognition, excellent exposure, steady foot traffic, and solid revenue. Features a rare 10+5 year lease term for long-term stability, very low rent + TMI, and an additional storage area for extra convenience. Surrounded by dense retail, office, and residential uses in a prime live-work-play hub. With the FIFA World Cup 2026 bringing added visitors and activity to downtown Toronto, this location may benefit from even greater customer traffic and business potential. Turnkey opportunity in a premier downtown location.
Sold data
Other homes in Toronto (Waterfront Communities) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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