Toronto (palmerston-little Italy), ON M6H1A2,850 COLLEGE STREET
Toronto (palmerston-little Italy), ON M6H1A2,850 COLLEGE STREET
Toronto (palmerston-little Italy), ON M6H1A2,850 COLLEGE STREET
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
12
Sep
Sat
13
Sep
Sun
14
Sep
$6,000,000
Est. payment /mo
9,300 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,300 sqft

Price per Sqft $645

Subdivision Palmerston-Little Italy

MLS® Listing ID C12397967

Source Toronto Regional Real Estate Board

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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Other

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 3

Private Pool No


Read Less Info
Powered by: REALTOR.ca
Listed by REVEL REALTY INC.

GET MORE INFORMATION

Jeffrey Sefton

Jeffrey Sefton

+1(778) 235-4501

Realtor

Realtor

Full Name

Phone*

Message

Go tour this home

850 COLLEGE STREET