$199,999
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K23 505 Richmond Street W, Toronto (waterfront Communities), ON M5V0P4

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Exceptional Turn-Key Business Opportunity - Own a The Alley Franchise in the Heart of Downtown Toronto! Take advantage of this rare opportunity to own a The Alley bubble tea franchise in one of Toronto's most vibrant, high-traffic destinations. Located inside the popular Waterworks Food Hall, this recently established business is fully built out, professionally designed, and ready for a seamless transition to new ownership. This modern, turn-key operation comes fully equipped, fully staffed, and fully operational, allowing you to start generating revenue from day one. The business has already built an excellent reputation with outstanding online reviews, creating a strong foundation for continued growth. Waterworks Food Hall is home to nearly 25 food and beverage vendors, making it one of Toronto's premier culinary destinations. The location attracts a steady stream of customers from the surrounding residential towers, office buildings, hotels, and tourist attractions, while regular community events, live entertainment, private functions, and corporate gatherings provide consistent opportunities to increase sales. An added advantage is the dedicated event hall within Waterworks, where vendors have opportunities to provide catering for private and corporate events, creating an additional revenue stream beyond daily walk-in traffic. As part of the internationally recognized The Alley brand, you'll benefit from proven operating systems, ongoing franchisor support, and strong brand recognition. This is an outstanding opportunity for an owner-operator, entrepreneur, or investor looking to acquire a stylish, fully operational business with tremendous growth potential in one of downtown Toronto's most sought-after food destinations. (id:58753)

Listing By: SHIMON NESS - EXIT REALTY LEGACY
Source: CREA #C13593486 Listing provided courtesy of Canadian Real Estate Association
  • MLS® C13593486
  • Date Listed07/22/2026
  • Days on Realty 71 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Property Type Other
  • Water Public

Interior Features

  • Cooling Fully air conditioned
  • Heating Other

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Richmond st. and Brant St.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for M5V0P4

Discover key demographics, population statistics, and environmental insights for the Toronto (waterfront Communities), ON area.

Walkability in ON / M5V0P4

Source: Walk Score

99/100

Walker's Paradise

Walk Score ®

100/100

Rider's Paradise

Transit Score ®

100/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.

Transit Summary

18 nearby routes: 8 bus, 10 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 81/100, Transit Score: 80/100, Bike Score: 80/100.

Points of Interest near K23 505 RICHMOND STREET W, Toronto (Waterfront Communities), ON M5V0P4

Frequently Asked Questions for K23 505 RICHMOND STREET W

Source: Realty.com

K23 505 RICHMOND STREET W, Toronto (Waterfront Communities), ON M5V0P4 in Toronto (Waterfront Communities), ON M5V0P4 is a other listed at $199,999. Realty.ca has 6 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 6 photos of K23 505 RICHMOND STREET W.

The full address for this home is K23 505 RICHMOND STREET W, Toronto (Waterfront Communities), ON M5V0P4.

K23 505 RICHMOND STREET W has been listed on Realty.com since Wed July 22, 2026

Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 81/100, Transit Score: 80/100, Bike Score: 80/100.

This content last refreshed on 2026-10-01 18:05:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.