Sale Of Business for sale at 21 Wellesley Street, Toronto, Ontario, M4Y 1E8 - Bay Street Corridor - MLS: C13835854

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for sale
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21 Wellesley Street

Toronto, Ontario, M4Y 1E8 - Bay Street Corridor

$118,000

Neighbourhood

Bay Street Corridor
Major Intersection

Yonge St & Wellesley St W

Listed Since: 1 day(s)
Last update: 1 day(s) ago

Overview

Property Type

Sale Of Business, Without Property
Bedrooms

n/a
Bathrooms

n/a
Basement

N
Kitchen

n/a
Total Parking

n/a
Lot Size

Available Upon Request
Taxes

n/a
Type

Commercial

Property Description

Property description for 21 Wellesley Street, Toronto

TURN-KEY CAFE / BUBBLE TEA OPPORTUNITY! Fully renovated approx. 1,100 sq.ft. retail space at 21 Wellesley St W, at Yonge & Wellesley in Downtown Toronto. Located within Wellesley On The Park, directly fronting a 1.6-acre public park, with abundant public parking and steps to Wellesley Subway Station / TTC Line 1. Conveniently close to U of T, TMU, Queen's Park, Eaton Centre, Yorkville, the Financial District and major downtown hospitals.Extensive ground-up renovation including electrical, plumbing, accessible washroom, lighting, custom millwork, counters and storage. Sale includes commercial beverage equipment, Hoshizaki ice machine/bin, refrigerators, tea dispensers, cup sealer, sinks, custom furniture/counters, POS, security system, displays, sound system, water filtration and more.Approx. 5.5 years remaining on sublease, expiring Apr. 14, 2032, subject to landlord approval and applicable lease requirements. Ideal for bubble tea, coffee, tea, dessert, ice cream or other permitted small-format food/beverage concepts. No food venting.Business sale only - equipment, fixtures & leasehold improvements included. Brand/franchise NOT included. Bring your own brand and take advantage of a substantial existing turn-key build-out. Preliminary estimated combined current value of equipment, fixtures and leasehold improvements: $135,483 CAD, (ext HST.)

Listed by BENCHMARK SIGNATURE REALTY INC.

Property details

MLS #

C13835854
Sq. Ft

1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

Public
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Open
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

San+Storm
Central Vac

n/a

MLS #

C13835854
Sq. Ft

1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

Public
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Open
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

San+Storm
Central Vac

n/a

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 21 Wellesley Street, Toronto

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

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