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10 Baths

$6,000,000

Commercial Retail

850 College Street, Toronto, ON M6H 1A2Palmerston-Little Italy

Listing Overview

MLS ID:C12397967
Status:New
Type:Commercial / Commercial Retail
Taxes:$33,778.48 / yr (2025)
Days on Market:209
Listed:2025-09-11
Last Updated:Sep 19, 2025
Cross Street:College St and Ossington Ave
Data Source:PROPTX

Interior

Bathrooms:10

Utilities

Heat Type:Gas Forced Air Open

Outdoor / Lot

Lot Size:× 129.13ft

Parking

Garage Type:Lane
Parking Spaces:3

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.

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