674 College Street, Toronto (Palmerston-Little Italy) - Business for Sale
674 College Street, Toronto (Palmerston-Little Italy), Ontario, M6G1B8
Description
Excellent opportunity to own a dry cleaning/laundry business in the heart of Toronto's vibrant Little Italy on College Street. Located in a high-visibility commercial corridor surrounded by restaurants, cafes, retail shops, residential neighbourhoods, and strong pedestrian traffic. Ideal for an owner-operator or entrepreneur looking for an affordable business opportunity in a prime downtown location. Existing use is dry cleaning/laundry, with potential to continue the current operation or reposition the space subject to landlord approval and applicable regulations. Do not go direct. Please book all showings through the listing brokerage. Rent $3559.5 hst&tmi included. (id:66096)
Property Details
- MLS®
- C13172806
- Property Type
- Business
- Business Type
- Service
- Zoning
- Commercial
- Frontage
- 12 ft
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Property Tax
- $1/yr
- Listed
- 163 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 163 days on market, against an average age of 56 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (Palmerston-Little Italy) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M6G)
This home lists at $65,000, about 0.7× the local median household income of $91,000.
Carrying it typically needs a household income of about $12,697 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $91,000
- Population
- 30,600
- Median age
- 39.6
- Owner / renter
- 49% / 51%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA M6G)
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$65,000
Toronto