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$6,999,000
29 Wellesley St E, Toronto C08, ON M4Y 1G7
0 Beds
0 Baths
3,565 sqft

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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.
  • Price:
  • $6,999,000
  • Square Footage:
  • 3,565
  • Listing ID #:
  • C5362188
  • Street Address:
  • 29 Wellesley St E
  • City:
  • Toronto C08
  • Province:
  • Ontario
  • Postal Code:
  • M4Y 1G7
  • Community:
  • Toronto
  • Subarea:
  • Church-Yonge Corridor
  • Listing Status:
  • A
  • Listing Type:
  • Investment--Commercial
  • Approximate Square Footage Range:
  • 3565.00
  • Extra Remarks:
  • Surrounded By High-Rise Residential Developments. Walking Distance To Ryerson University, University Of Toronto, Financial District, Shopping, Restaurants, And Bars. High Foot Traffic.
  • Conforms To Zoning:
  • R (d2.5) (x520)
  • Lot Size Front:
  • 23.00
  • Lot Size Side:
  • 155.00
  • For Sale Or Lease?:
  • Sale
  • Property Taxes:
  • $45,457
  • Tax Year:
  • 2021
  • Cooling System:
  • Yes
  • Existing Water:
  • Municipal
  • Heating:
  • Gas Forced Air Closd
  • Listing Provided By Keller Williams Referred Urban Realty
  • TREB

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