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$6,000,000
Ontario,Toronto (Palmerston-Little Italy)
For Sale Active
850 COLLEGE STREET, Toronto (Palmerston-Little Italy), Ontario M6H1A2
  • 9,300 Sqft
Basic Details
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:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: C12397967
  • Price: $6,000,000
  • Square Footage: 9,300 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 297588
Features & Appliances
Features
  • Heating System: Other, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Toronto (Palmerston-Little Italy), M6H1A2
  • Street: College
  • Street Number: 850
  • Street Suffix: Street
  • Longitude: W80° 34' 35.2''
  • Latitude: N43° 39' 16''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 24.83 x 129.13 FT
Financial
  • Tax Annual Amount: 33778.48
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Listing updated: 2025-09-14 01:48:58
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Listing Information
  • List Agent Key: 1987350
  • List Office Key: 297588
  • Modification Timestamp: 2025-09-12T14:15:10Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2025-09-12T14:07:20Z
Powered by REALTOR.ca
Listing updated: 2025-09-14 01:48:58

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

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1. Purchase Your Package

2. We Ship Your ‘For Sale’ Sign

3. Book Your VR Tour

4. Complete Listing Input Forms

5. We Make Your Listing Live

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7. iSOLD!

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

How It Works

1. Purchase Your Package

2. We Ship Your ‘For Sale’ Sign

3. Book Your VR Tour

4. Complete Listing Input Forms

5. We Make Your Listing Live

6. Get Support 7 Days a Week

7. iSOLD!