32
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$6,000,000
Est. payment /mo
10 Baths
9,300 SqFt
New
850 College ST Toronto C01, ON M6H 1A2
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 9,300 sqft
Price per Sqft $645
Subdivision Palmerston-Little Italy
MLS Listing ID C12397967
Annual Tax Amount $33,778
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Outstanding investment opportunity in the heart of Toronto's rapidly growing College & Ossington corridor. This mixed-use building offers a newly renovated main-floor commercial tenant, and six residential units, including Four 2-bed and 1-bathroom units, and two large two-level 2-bedroom apartments on the upper floors with rooftop terraces. For added income, the roof has a cellular antenna, and there is a full basement for ample owner storage. The property benefits from flexible mixed-use zoning that permits a wide variety of residential and commercial uses. This makes the property attractive both as a stable income-generating asset today and as a potential redevelopment or intensification opportunity in the future. Situated at College and Ossington, one of Toronto's most dynamic intersections, the property enjoys excellent visibility, steady pedestrian traffic, and direct TTC access. The surrounding neighbourhood is home to some of the city's best restaurants, retail, and cultural destinations, ensuring strong tenant demand and long-term appreciation. Three rear parking spaces, including one dedicated to the commercial lease, add further convenience and value. This is a rare chance to acquire a turn-key mixed-use building in a thriving location with proven income, flexible zoning, and long-term growth potential, an ideal addition to any investor's portfolio.
Location
Province ON
County Toronto
Community Palmerston-Little Italy
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 24.83
Lot Depth 129.13
Others
Security Features Yes
Listed by REVEL REALTY INC.
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