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40 Wellington Street E
Church-Yonge Corridor Toronto M5E 1E3

$475,000 /For Sale
Commercial

Main Photo: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 1: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 2: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 3: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 4: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 5: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 6: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 7: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 8: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 9: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 10: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 11: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 12: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 13: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 14: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 15: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 16: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 17: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 18: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 19: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 20: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 21: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 22: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Photo 23: 40 Wellington Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C12943502
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12943502
Bus Major:
Restaurant
STUNNING ANDCENTRALLYLOCATEDRESTAURANTFOR SALE IN OLDTOWN TORONTO. 2,500 SQUARE FEET ON THE MAIN FLOOR WITH A FUNCTIONAL LOWER LEVEL. LIQUOR LICENSE IN PLACE FOR 68 GUESTS ON THE MAIN FLOOR AND 22 IN THE PRIVATE LOWER LEVEL DINING ROOM. FRONT PATIO POTENTIAL. FULLY EQUIPPED KITCHEN WITH LARGE EXHAUST HOOD, FULL GAS RANGE AND WALK-IN COOLER. GREAT FRONTAGE AND STREET EXPOSURE. STRONG TRAFFIC AND CUSTOMER BASE FOR BREAKFAST, LUNCH AND DINNER. RECENTLY RENOVATED TOP TO BOTTOM WITH REAL ATTENTION TO DETAIL. HIGH CEILINGS, GREAT FINISHES AND A REAL INTIMATE FEEL. A GREAT LAYOUT FOR VARIOUS STYLES OF SERVICE AND ANY HOSPITALITY OPERATION.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
2500 sq. ft. Sq Ft
Lot Depth:
100'
Lot Frontage:
25'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
Other
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
TMI
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto C08
Church-Yonge Corridor
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Hours Open:
8
Employees:
12
Chattels:
Yes
LLBO:
Yes
Seats:
90
Date Listed:
Apr 01, 2026
Original Price:
Previous Price:
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Listed by CENTURY 21 REGAL REALTY INC.
Data was last updated April 4, 2026 at 06:15 AM (UTC)
DARYL  KING
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FAQs – Commercial Building for Sale Toronto

1. What types of commercial buildings are available in Toronto?
You’ll find retail storefronts, office buildings, mixed-use developments, and industrial spaces throughout the GTA.

2. How much does a commercial building cost in Toronto?
Prices vary based on location and size, ranging from $1M to over $20M for premium properties.

3. Is financing available for commercial properties?
Yes. Commercial mortgages are offered by banks and lenders with typical down payments of 25–35%.

4. Do I need a special permit to run a business from a commercial building?
Zoning laws apply. You must check with the City of Toronto to ensure your business use aligns with the building’s permitted zoning.

5. Are commercial buildings in Toronto a good investment?
Yes. With Toronto’s population growth, strong economy, and high business demand, commercial real estate remains a stable long-term investment.