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C5362188
$6,999,000

29 Wellesley St E (Yonge / Wellesley)

Price: $6,999,000

Status: For Sale 

MLS®#: C5362188

$6,999,000
  • Tax: $45,457.35/Annual (2021)
  • Community:Church-Yonge Corridor
  • City:Toronto
  • Type:Commercial
  • Style:Investment
  • Size: 3,565 Sq Ft

Features:

  • HeatingGas Forced Air Closd
  • Sewer/Water SystemsMunicipal

Listing Contracted With: KELLER WILLIAMS REFERRED URBAN REALTY, BROKERAGE

Description

Future Development Site With Good Rental Income From An Established Boutique Hotel Operator As Tenant. Wellesley Street Is A Major Commercial Road In Toronto, And Connects To The Yonge-University-Spadina Subway Line At Wellesley Ttc Subway Station Directly Across The Street. 2,986 Sq Ft Gfa As Per Mpac. Current Zoning Bylaw Permits Current Use. Highest And Best Use Is A Medium Density Mixed-Use Retail/Residential Development. Garage Converted To Office Space.


Highlights

Surrounded By High-Rise Residential Developments. Walking Distance To Ryerson University, University Of Toronto, Financial District, Shopping, Restaurants, And Bars. High Foot Traffic.

Want to learn more about 29 Wellesley St E (Yonge / Wellesley)?

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’

Ali Bolourchi

Broker/Manager

Re/Max Excel Realty Ltd, Brokerage

where experience matters!

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