8 Wellesley Street

Church-Yonge Corridor, Toronto, M4Y 1G2

$395,000

Reduced $80,000 from $475,000

Photo 1 of 2Photo 2 of 2

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.

Full lot check · Run the numbers

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.

Heritage Register entry

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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