8 Wellesley Street, Toronto (Church-Yonge Corridor) - Business for Sale
8 Wellesley Street, Toronto (Church-Yonge Corridor), Ontario, M4Y1G2
Description
Graet opportunity to own the most highend premium coffee shop franchise "Good Earth Coffeehouse at Yonge and Wellesley. Most hi walking traffic, next to Wellesley subway station, surrounded by high raised condos and office buildings, High density of demographicarea. Flagship store, good income, High volume of sales and Good income, Easy operation. There are huge upside expected. Financials available for serious buyer(s). Franchisor's approval is a part of procedures. (id:66096)
Property Details
- MLS®
- C12998408
- Property Type
- Business
- Business Type
- Food Services and Beverage
- Zoning
- Commerical
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 204 days ago
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 204 days on market, against an average age of 63 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (Church-Yonge Corridor) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M4Y)
This home lists at $395,000, about 6.3× the local median household income of $62,400.
Carrying it typically needs a household income of about $77,157 (20% down, 25-yr amortization, stress-tested) — roughly 24% above the area median.
- Median household income
- $62,400
- Population
- 36,319
- Median age
- 33.2
- Owner / renter
- 29% / 72%
- Avg. household size
- 1.5
Source: Statistics Canada, 2021 Census (FSA M4Y)
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$395,000
Toronto