Sold
$621,200
3bed|2bath|900-999sqft
0 parking|0 locker
Unit 2201
24 Wellesley Street W 2201, Toronto C01, ON M4Y 2X6
Residential Condo & Other|$1047 fees|$3439 tax
MLS #C13084046
View complete sale history and details
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1 / 10
Unit 7 at Century Plaza Condos
For Sale24 Wellesley Street W 7, Toronto C01, ON M4Y 2X6
MLS #C13440390
$119,000
Listed Price
About This Property
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.
Investment Analysis
$2,620
Est. Monthly Rent
Based on $4/sqft
26.42%
Gross Yield
Before expenses
26.42%
Net Yield
After expenses
3.8
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting property tax ($1/yr). Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$161/sqftCentury Plaza Condos
$745/sqft-78.4%
Bay Street Corridor
$955/sqft-83.1%
Toronto C01
$883/sqft
Building PSF Range
$534$951
Below Market Value
This unit is priced 78.4% below the building average of $745/sqft. With a 26.42% net yield after expenses, this could be a strong investment opportunity.
Analysis based on 14 sales and 82 leases in this building. Unit size estimated at 740 sqft.
Property Details
Bathrooms
1
Property Type
Commercial
ParkingNo
Parking TypeNone
LockerNo
Heating TypeGas Forced Air Open
Ensuite LaundryNo
MLS Size-
Listed OnJun 11, 2026
Property Tax$1/year
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Residential Condo & Other|$817 fees|$3009 tax
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$570,000
2bed|2bath|1000-1199sqft
1 parking|1 locker
Unit 613
24 Wellesley Street W 613, Toronto C01, ON M4Y 2X6
Residential Condo & Other|$1410 fees|$4300 tax
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Unit 2002
MLS# C1314716824 Wellesley Street W 2002, Toronto C01, ON M4Y 2X6
3bed|2bath|1200-1399sqft
1parking|1locker
Residential Condo & Other|$1357 fees|$4223 tax
101 days on market
OQ
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OVAIS QASSIM
Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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Building Information
Building NameCentury Plaza Condos
Address24 Wellesley, Toronto C01
Parking Type
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About Unit 7 at Century Plaza Condos
Unit 7 is a commercial, 1 bathroom located at Century Plaza Condos, 24 Wellesley, Toronto C01. This unit is currently for sale at $119K.
About Century Plaza Condos
Century Plaza Condos is located at 24 Wellesley, Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.
Bay Street Corridor Neighbourhood
This unit is located in Bay Street Corridor, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.
Whether you're looking to buy, sell, or rent at Century Plaza Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.
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