240 Wellesley Street E 103

North St. James Town, Toronto, M4X 1G5

$94,900

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  • 1 bathrooms

Listed 39 days ago · MLS® C13775018

About this home

Established Tax & Accounting Firm & Travel Agency Business for Sale. An exceptional opportunity to acquire a well-established, profitable business with multiple revenue streams and outstanding growth potential. This successful turnkey operation includes: A reputable tax and accounting firm with over 1,000 loyal and recurring clients. A well-established travel agency with an existing and growing customer base. Excellent potential to expand by adding complementary business services, creating additional revenue opportunities. The current owner is committed to ensuring a smooth and seamless transition and is willing to provide comprehensive training and ongoing support to the purchaser for a mutually agreed-upon period, if requested. Key Features: Established business with a strong reputation and long-standing client base. Multiple, diversified income streams. Low monthly rent, helping to maintain low operating costs. Prime location in a high-traffic commercial area with excellent visibility. Spacious premises with ample room to expand existing operations or introduce new business services. Additional space that may be leased out for supplementary income (subject to landlord approval). Additional parking options available. Ideal opportunity for accountants, entrepreneurs, investors, or business owners looking to expand their operations. Whether you are an experienced professional or a first-time business owner, this turnkey business offers immediate cash flow, a loyal client base, and exceptional opportunities for future growth. Don't miss this rare chance to own a thriving, well-established business with a solid reputation, recurring clientele, and unlimited potential for expansion.

Details

Type
Sale Of Business
Lot
8 × 40 ft
Garage
None
Neighbourhood
North St. James Town
Municipality
Toronto C08

Interior

Bathrooms
1 × bathroom

Heating, cooling and services

Heating
Electric Forced Air
Air conditioning
Yes
Utilities
Available

Building and exterior

Building area
900 Sq Ft Divisible

More

Possession
Immediate
Cross street
Sherbourne/Parliament. Across St. James Town
Business type
Service Related

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Sherbourne Subway9 min walk
  • 🚇 Castle Frank Subway10 min walk
  • 🚆 Toronto Union Station GO2.7 km

Within a 10-minute walk: 14 grocery stores, 103 cafés and restaurants, 17 parks, 22 pharmacies. Nearest grocery: Food Basics (0 m). Nearest park: Bleecker Parkette (200 m).

Schools nearby

Elementary

  • Rose Avenue Junior Public School
    EQAO: Gr 6 reading 67%, math 14%
    4 min walk
  • Winchester Junior and Senior Public School
    EQAO: Gr 6 reading 89%, math 57%
    4 min walk
  • Our Lady of Lourdes Catholic School Catholic
    EQAO: Gr 6 reading 80%, math 43%
    5 min walk
  • Sprucecourt Junior Public School
    EQAO: Gr 6 reading 85%, math 25%
    12 min walk

Secondary

  • Msgr Fraser College - Isabella Campus Catholic7 min walk
  • Jarvis Collegiate Institute
    EQAO: Gr 9 math 34%, literacy test 80%
    7 min walk
  • Collège français French12 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M4X

Owners / renters
15% / 85%
Median household income
$58,800
Average age
41
Children under 15
12%
Homes
1% detached, 81% high-rise
Commute by transit
44%
Population
19,896

Languages spoken most at home besides English: Tagalog (Pilipino, Filipino) 5.2%, Tamil 2.7%, Spanish 1.6%, Mandarin 1.3%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in North St.James Town (2025): 24% above the Toronto average, about the same from the year before.

  • Assault67% above average
  • Break and enterabout average
  • Auto theft62% below average
  • Robberyabout average
  • Theft from vehicles35% below average
  • Shootings48% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 14 active

  • 405 SHERBOURNE ST · 400 m
    Site Plan · Application Received · applied 2026
    Site Plan Control Application for a 35-storey (112.6) metre building (excluding mechanical penthouse) 25,069 square metres of residential gross floor area and…
    Application details
  • 240 WELLESLEY ST E · 0 m
    Plan of Subdivision · Under Review · applied 2024
    Draft Plan of Subdivision to establish two development blocks with pedestrian and vehicular connections into and through the subject site. A new public park…
    Application details
  • 8 EARL ST · 450 m
    Site Plan · Under Review · applied 2024
    Site Plan Application to permit a 63-storey residential building including a total of 50,580.8 square metres of residential gross floor area which will result…
    Application details
  • 8 EARL ST · 450 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2024
    Official Plan and Zoning By-law Amendment to permit a 63-storey (207-metre, excluding mechanical penthouse) building, containing 709 total dwelling units…
    Application details
  • 141 ISABELLA ST · 400 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2024
    Zoning By-law Amendment for a 69-storey residential building containing 823 dwelling units. The existing 7-storey apartment building and 3-storey single…
    Application details
  • 383 SHERBOURNE ST · 450 m
    Site Plan · Appeal Received · applied 2023
    The proposal will introduce a 39 storey residential building representing an F.S.I. of 13.58 and lot coverage of 69%. The total GFA will be 20,328 sq. m.…
    Application details

15 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 3 km. Transit times · Driving times

Coming transit

  • 🚧 Moss Park 1.5 km
  • 🚧 Queen 1.8 km
  • 🚧 Distillery District 1.9 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built R

Residential (with a site-specific exception).

  • ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

12 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

27 City street trees within 100 m. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE IGNITE REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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