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Home ON Greater Toronto Area Toronto Palmerston - Little Italy
850 COLLEGE STREET
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850 COLLEGE STREET $6,000,000
$6,000,000
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850 COLLEGE STREET
Toronto (Palmerston-Little Italy), Ontario M6H1A2

MLS® Number: C12397967
10
Bathrooms
9300
Square Feet

Listing 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. (41248652)

Location Description

Cross Streets: College St and Ossington Ave. ** Directions: On College between Ossington and Concord.

Property Summary

Property Type
Retail
Square Footage
9300 sqft
Community Name
Palmerston-Little Italy
Land Size
24.83 x 129.13 FT
Annual Property Taxes
$33,778.48
Total Parking Spaces
3
Time on REALTOR.ca
99 days

Building

Bathrooms
Total
10
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Parking
Total Parking Spaces
3

Measurements

Square Footage
9300 sqft

Land

Lot Features
Frontage
24 ft ,9 in
Land Depth
129 ft ,1 in
Other Property Information
Zoning Description
CR3 (c1;r2.5*1571)
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MICHAEL LEONARD DAVID PRIOR