22 -26 Wellesley Street West, Toronto | Image 1

22 -26 Wellesley Street West

Toronto, Bay Street Corridor

  • Commercial

$XX,XXX,XXX
For Sale

Added 3 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: CR 4.0(C1 .0 R4.

  • Age: 31-50 years

  • Taxes: 169268

  • MLS®#: C9018425

  • Days on Site: 1 Days

  • Added: Jul 08, 2024 (3 months ago)

  • Updated:

  • Last Checked: 6 hours ago

  • Listed By: LENNARD COMMERCIAL REALTY

Prime investment opportunity to acquire fully-leased, ground-floor retail condo units at the bustling intersection of Yonge & Wellesley St. Spanning the entirety of the ground-floor underneath the Century Plaza high-rise residential tower, this asset is 150m away from Wellesley Subway Station. Anchored with Rabba grocery since 1998 and over 300 residential units above, this is a rare investment opportunity in the core of downtown Toronto.

Extras

*Legal - UNIT 1-9, METROPOLITAN TORONTO CONDOMINIUM PLAN NUMBER 975; PT LTS 43 TO 46 PL D3, PTS 2 TO 4,6,9 66R16145, AS FURTHER DESCRIBED IN SCHEDULE 'A' OF DECLARATION D269106 AS AMENDED BY D308217; TORONTO, CITY OF TORONTO

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Retail

  • Age: 31-50

  • Area: Toronto

  • Community: Bay Street Corridor

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: Underground

Fees

  • Tax Year: 2024

  • Tax Legal Description: Units 1-9, Level 1, METROPOLITAN TORONTO CONDO*

  • Taxes: $169,268

  • Commercial Condo Fees: 1054

  • Taxes Type: Annual

Land

  • Cross Street: Yonge St & Wellesley

  • Municipality District: Toronto C01

  • Parcel Number: 089590022

  • Sewer: San+Storm

  • Lot Depth: 201 Feet

  • Lot Frontage: 208 Feet

  • Zoning: CR 4.0(C1 .0 R4.

Commercial Specific

  • Rail: N

  • Retail Area: 11932

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 13813

  • Total Area Metric: Sq Ft

  • Office Size: 1881

  • Office Size Metric: Sq Ft

  • Crane: N

  • Lot Code: Unit

  • Survey: Y

  • Soil Test: N

6-8

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