621 BLOOR STREET W, Toronto (Palmerston-Little Italy)

$109,000

For sale: Other

Other at 621 BLOOR STREET W, Toronto (Palmerston-Little Italy)
Property type
Sale Of Business
MLS®
MLS® C12422765
Neighbourhood
Palmerston-Little Italy

Established brand turnkey bubble tea shop for sale. Perfectly situated in high-traffic Koreatown at Christie and Bloor St W surrounded by schools, offices, and retail. With a loyal customer base and strong social media following. This business offers immediate revenue and growth potential. Key Features: Fully equipped with modern tea brewing systems, sealing machines, and POS setup. Stylish interior with seating, vibrant branding, and Instagram-worthy aesthetics. Diverse menu including milk teas, fruit teas, slushes, and seasonal specials. Efficient layout designed for high-volume service and delivery integration. Trained staff and streamlined operations for smooth transition. Profitable with consistent daily foot traffic and strong delivery app presence. Excellent reviews and repeat customers. Room to expand menu or add merchandise, snacks, or catering services. Ideal for first-time entrepreneurs or seasoned operators looking to grow. Included in Sale: All equipment and inventory. Lease transfer with landlord approval. Training and support during handover period. This is a rare chance to own a beloved established brand with everything in place. Whether you're passionate about bubble tea or seeking a smart investment, this shop is ready to go from day one. Full Basement for washrooms and storage double the amount of square footage. Current lease runs to Jan 15, 2029 with 5 yr option to renew to Jan 15, 2034. Rent info in attachment.

Sold data

Other homes in Toronto (Palmerston-Little Italy) — recent sold market

Other homes in Toronto (Palmerston-Little Italy) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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.

Median days to sell
39
Median sale price
$59,000
Sale-to-list ratio
90.9%
Sold above asking
5%

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

Schools in Toronto (Palmerston-Little Italy)

Toronto (Palmerston-Little Italy) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Palmerston-Little Italy)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 621 BLOOR STREET W