7 - 24 WELLESLEY STREET W, Toronto (Bay Street Corridor)

$70,000

For sale: Other

Other at 7 - 24 WELLESLEY STREET W, Toronto (Bay Street Corridor)
Property type
Sale Of Business
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® C13440390
Neighbourhood
Bay Street Corridor

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.

Sold data

Other homes in Toronto (Bay Street Corridor) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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

Toronto (Bay Street Corridor) 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 (Bay Street Corridor)

  • 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 7 - 24 WELLESLEY STREET W