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Sale Of Business for sale at 24 Wellesley Street W, Toronto C01, 1 bathroom - Photo 1 of 10
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$70,000

Unit 7 - 24 Wellesley St W

Toronto C01, ON M4Y 2X6

Unit 7 - 24 Wellesley St W, Toronto C01Listed at $70,000, 1 bathroom Sale Of Business. MLS® C13440390.

Possession · seller's timeline

Flexible

1Baths
740Sq Ft
Restaurant
Sale Of Business
$1Taxes/yr · 2025

Description

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.

Property Details

Property TypeSale Of Business
CommunityBay Street Corridor
Washrooms1
Dir/Cross StWellesley St W/Yonge
Garage TypeUnderground
Heating TypeGas Forced Air Open
A/CYes
Taxes (2025)$1
HSTNot Subject to HST
Listed Date6/12/2026
Days on Market85 days
PossessionTBA

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Business NameLin Xiang Ning Lemon Tea
Property UseWithout Property
Occupant TypeTenant
Hours of Operation12-22
FranchiseNo
Chattels IncludedYes
Seating Capacity10
Full-Time Employees2
Financial StatementsNot Available
Showing RequirementsLockbox
Possession TypeFlexible
Listing Expires12/31/2026

Commercial Space & Financials

Retail Area740 Sq Ft

Industrial Specifications

Outside StorageNo
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: BAY STREET GROUP INC.

MLS® #C13440390

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: Unit 7 - 24 Wellesley Street W

This sale of business is located in the Bay Street Corridor neighbourhood of Toronto.

The home offers 1 bathroom.

Listed at $70,000 CAD with annual property taxes of $1 (2025).

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About Toronto Real Estate

This Sale Of Business is located in the Bay Street Corridor community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →