Home · Buy · Toronto C08 · 40 Wellington Street E, Toronto, ON M5E 1E3
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For Sale · Sale Of Business
40 Wellington Street E, Toronto, ON M5E 1E3
Toronto C08 · Church-Yonge Corridor
Other garage
0
Beds
—
Baths
0
Parking
—
Sq ft
—
Built
The honest picture
List price
$399,000
Renavu Estimate
—
Benchmark · All homes
$457,100
Listed 13% below the Church-Yonge Corridor benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
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 details
Listed on
July 13, 2026
Days on market
11 days
Property tax
$2,026 (2026)
Lot
25 × 100 Feet
Heating
Gas Forced Air Open
Cooling
Yes
MLS®
C13556948
Full details
Parking
GarageOther
Property & sold history
🔒
See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 5.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$4,460
Toronto municipal LTT$4,460
Legal · title · inspection$2,800
Closing costs$11,720
Down payment$19,950
Total cash to close$31,670
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.