27 Wellesley Street, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Church-Yonge Corridor. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $16,350 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 48.2 x 48.5 ft lot size
- equipped with yes central cooling and highly efficient other heating
Description
This pre-fixtured restaurant space at 27 Wellesley Street East offers an outstanding opportunity in one of Toronto's most dynamic neighborhoods. Located between the Yonge-Wellesley and Church-Wellesley Village corridor, this turnkey space features existing restaurant infrastructure and equipment, significantly reducing startup costs and time to market for prospective tenants. The property benefits from high foot traffic generated by the area's vibrant mix of residential towers, office buildings, and entertainment venues, while being steps away from the Wellesley subway station for exceptional transit connectivity. The surrounding neighborhood attracts a diverse demographic of urban professionals, students, and tourists, creating a strong customer base for dining establishments. With its prime location offering excellent visibility, established restaurant infrastructure, and access to Toronto's extensive transit network, this space presents an ideal opportunity for restaurateurs looking to establish or expand their presence in one of the city's most sought-after culinary districts. The amount listed is gross per month.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 27 Wellesley Street E, Toronto C08, ON M4Y 1G7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $16,350 in Toronto, the legal minimum down payment is $818 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $82 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $82 also applies, bringing the total estimated land transfer taxes to $164.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
