8 Wellesley Street
Church-Yonge Corridor, Toronto, M4Y 1G2
$395,000
Reduced $80,000 from $475,000
Listed 189 days ago · MLS® C12998408
About this home
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.
Details
- Type
- Sale Of Business
- Garage
- Street
- Neighbourhood
- Church-Yonge Corridor
- Municipality
- Toronto C08
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Water and sewer
- Sanitary
- Utilities
- Yes
More
- Possession
- TBA
- Cross street
- Yonge & Wellesley St
- Business type
- Coffee/Donut Shop
History of this address
5 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.
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
- 🚇 Castle Frank Subway8 min walk
- 🚇 Sherbourne Subway15 min walk
- 🚆 Toronto Union Station GO3.0 km
Within a 10-minute walk: 11 grocery stores, 63 cafés and restaurants, 15 parks, 16 pharmacies. Nearest grocery: Ambal Trading (400 m). Nearest park: Wellesley Park (250 m).
Schools nearby
Elementary
- Sprucecourt Junior Public School
EQAO: Gr 6 reading 85%, math 25%9 min walk - Rose Avenue Junior Public School
EQAO: Gr 6 reading 67%, math 14%9 min walk - Winchester Junior and Senior Public School
EQAO: Gr 6 reading 89%, math 57%9 min walk - Our Lady of Lourdes Catholic School Catholic
EQAO: Gr 6 reading 80%, math 43%14 min walk
Secondary
- Rosedale Heights School of the Arts
EQAO: Gr 9 math 66%, literacy test 95%8 min walk - CALC Secondary School11 min walk
- Msgr Fraser College - Isabella Campus Catholic15 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 M4Y
- Owners / renters
- 29% / 71%
- Median household income
- $62,400
- Average age
- 39
- Children under 15
- 4%
- Homes
- 0% detached, 91% high-rise
- Commute by transit
- 31%
- Population
- 36,319
Languages spoken most at home besides English: Mandarin 7.6%, Korean 1.5%, Spanish 1.3%, Iranian Persian 1%.
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 Cabbagetown-South St.James Town (2025): 26% above the Toronto average, down 8% from the year before.
- Assault40% above average
- Break and enter70% above average
- Auto theft59% below average
- Robbery85% above average
- Theft from vehiclesabout average
- Shootingsnone reported
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
No planning applications within 500 m in the last five years.
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 1.7 km
- 🚧 Gerrard 1.8 km
- 🚧 Leslieville Ontario Line1.9 km · opening early 2030s
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.
Heritage Protected
This address is on Toronto’s Heritage Register: Heritage Conservation District (Part V) (2004). Changes to the outside (and sometimes inside) usually need a heritage permit, and demolition is restricted.
Building permits
No building permits at this address since 2014.
1 permit 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
32 City street trees within 100 m, mostly maples. That’s about 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 REAL ESTATE SERVICES LTD..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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