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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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850 College Street Toronto C01
For SalePalmerston-Little Italy

850 College Street Toronto C01, Commercial Retail for Sale

MLS® C12397967

Palmerston-Little Italy, Toronto, ON

424 days on market
$6,000,000
Show on Map
Show on Map
N/ABeds
10Baths
9,300Sqft
N/AParking
Commercial Retail

Overview· 850 College Street Toronto

MLS® #C12397967

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.

Inclusions

All existing appliances, all electric light fixtures(excluding any belonging to a tenant), and all HVAC.

Exclusions

Tenants belongings

Broker

REVEL REALTY INC.

Neighbourhood

Palmerston-Little Italy

Walk 91Avg $2.22MArea guide

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Schools10036 schools within 1.5 km · nearest 117 m36 schools within 1.5 km · nearest 117 m
Parks516 parks within 1 km · nearest 497 m6 parks within 1 km · nearest 497 m
Convenience6744 groceries, cafes and pharmacies within 1 km · nearest 320 m44 groceries, cafes and pharmacies within 1 km · nearest 320 m
Safety31Safer than 31% of Toronto neighbourhoods (2025)Palmerston-Little Italy: 1,594 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 850 College Street Toronto

Source: MLS® listing data
850 College Street Toronto

Commercial Retail

850 College Street Toronto

Palmerston-Little Italy

Type

Commercial Retail

Parking

Lane

Property Tax

~$33,778/yr

Heating

Gas Forced Air Open

Buying Essentials

Square Feet

9300 sqft

Parking

Lane

Finances

List Price

$6,000,000

Price per SQFT

$645/sqft

Property Tax

~$33,778/yr

Property Specs

Property Type

Commercial Retail

MLS Size

9300 sqft

Living & Amenities

Heating Type

Gas Forced Air Open

Policies & Utilities

Neighbourhood

Palmerston-Little Italy

Listed On

Sep 11, 2025

Price & Listing History

Days on Market

Current: 424 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 850 College Street Toronto.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$24,133/mo
Property Tax$2,815/mo
Total Monthly$26,948

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0