This retail property in Toronto is for sale offering roughly 5,026 sq ft of space. It has been on the market 51 days, fresher than the Toronto average of 56 days.

Description

Prime mixed-use building at the vibrant intersection of College and Ossington, one of Toronto's most dynamic and sought after locations. Consistent pedestrian traffic, and seamless TTC access right at your doorstep. Rear attached garage parking adds convenience. The property is fully tenanted and turn-key, featuring a main floor commercial tenant plus two spacious residential units: one 3 bedroom, 1 bathroom apartment and one 2 bedroom, 1 bathroom apartment, both complete with large private outdoor terraces. Flexible mixed-use zoning supports a wide range of commercial and residential uses. Fantastic opportunity to secure a turn key stable income generating property. (id:66096)

Property Details

MLS®: C13783436
Property Type: Retail
Zoning: CR3(c1;r2.5*1571)
Parking: 1
Interior Size: 5,026 ft²
Frontage: 26 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $30,153.45/yr
Listed: 51 days ago

Market Timing

Days on market

51d

Toronto (Palmerston-Little Italy) listings, avg age

56d

Price / ft²

$746

List price

$3.75M

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.

Haho

This retail in Toronto (Palmerston-Little Italy) has been listed for 51 days, which is 5 days fresher than the city average of 56. Act while there is still low competition.

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Area context

Neighbourhood profile (M6H)

This home lists at $3,750,000, about 45.2× the local median household income of $83,000.

Carrying it typically needs a household income of about $732,506 (20% down, 25-yr amortization, stress-tested) — roughly 783% above the area median.

Median household income: $83,000
Population: 43,730
Median age: 38.4
Owner / renter: 49% / 52%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6H)

$3,750,000· $746/ft²

For sale

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846 College Street, Toronto (Palmerston-Little Italy) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6H)

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